FORMATION OF THE DEVELOPMENT STRATEGY FOR THE BIOECONOMY IN UKRAINE

Abstract

The article examines the role of the bioeconomy in the formation of priorities for the economic development of Ukraine. It is determined that the primary goal of the bioeconomy is the optimal use of renewable biological resources and the creation of sustainable manufacturing systems for new products. It is noted that Ukraine belongs to the countries with high bioeconomic potential, the source of which is the production of biomass of agricultural origin that creates favorable conditions for the development of the bioeconomy. The dynamics of biomass production potential are characterized by a stable increase in the amount of biomass available for use, and its energy capacity is analysed. Using the methodology of 'smart specialization', a model of strategy formation was developed, which defines the priorities, goals, and objectives of the bioeconomic development of Ukraine's economy.

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Published
2021-04-21
How to Cite
Kucher, O., Prokopchuk, L., & Zabolotnyy, S. (2021). FORMATION OF THE DEVELOPMENT STRATEGY FOR THE BIOECONOMY IN UKRAINE. Proceedings of the International Scientific Conference "Economic Sciences for Agribusiness and Rural Economy", (4). https://doi.org/10.22630/ESARE.2020.4.10