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Journal Article

Bioeconomy and Circular Economy: Implications for Economic Evaluation in the Post-COVID Era

Davide Viaggi; Matteo Zavalloni
Circular Economy and Sustainability · Vol. 1, Issue 4 · pp. 1257-1269 · 2021

Abstract

The objective of this paper is to review selected insights about the current economic research on the Bioeconomy and circular economy, with a particular focus for the role of primary sector, and to derive implications for organisation, evaluation and valuation practice in the context of the post-COVID era. A framework for the analysis of optimal level of circularity and related economic and evaluation concepts is developed for this purpose. We highlight how higher focus on circularity will increase the complexity of market relationships, contributing to flexibility, but also to uncertainty. The paper argues that these issues will become more important in the post-COVID era, due to the plea for increasing Bioeconomy resilience. New organisational concepts and models are hence needed. Evaluation, on the other hand, will need to be embedded even more in the decision-making processes, in spite of the increasing uncertainty and difficulties in evaluation.

Bibliographic Information

JournalCircular Economy and Sustainability
PublisherSpringer
Publication Date2021-12-01
Publication Year2021
Volume1
Issue4
Pages1257-1269
Document TypeJournal Article
Print ISSN2730-597X
eISSN2730-5988
DOI10.1007/s43615-021-00113-1

Access Information

NARA Access Coverage2021-01-01~Current
Journal Homepagehttps://www.springer.com/journal/43615
Publisher PageOpen Publisher Page
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