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An Integrated Approach to Bioeconomic Transformation Modeling: Identification of Vectors and Management Tools
Vostriakova V. I.

Vostriakova, Viktoriia I. (2024) “An Integrated Approach to Bioeconomic Transformation Modeling: Identification of Vectors and Management Tools.” Business Inform 9:412–422.
https://doi.org/10.32983/2222-4459-2024-9-412-422

Section: Management and Marketing

Article is written in Ukrainian
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UDC 338.2:330.342

Abstract:
The task of bioeconomic transformation is a relevant vector for the development of the national economy of Ukraine in the context of both green and sustainable recovery and compliance with international obligations on global climate change, the growing demand for biological resources, overcoming geopolitical challenges and ensuring food security. The efficient use of biological resources and the valorization of biomass is becoming a key element in shaping a new economy aimed at reducing dependence on fossil resources and mitigating the impact on climate change. The purpose of this study is to develop an integrated approach to modeling the processes of bioeconomic transformation of socioeconomic systems, which takes into account the economic, environmental and social aspects of sustainable development and its use in managerial decision-making at all levels. Particular attention is paid to the identification of vectors of bioeconomic transformation and the analysis of available management tools that allow adapting the economy to new challenges and promoting sustainable development. The study is based on a theoretical review of available science-based methods and models, including the scenario approach, the use of general and partial equilibrium models, as well as optimization and environmental models. To analyze the processes of bioeconomic transformation, a comprehensive interdisciplinary approach using the principles of integration management was used. The study showed that integrated modeling is an important tool for predicting results, analyzing and managing the processes of bioeconomic transformation of socioeconomic systems. The application of an integrated approach allows to assess the interdependence between economic, environmental and social aspects of transformation processes, and can also be used to develop and improve appropriate strategies with minimization of risks and uncertainties. The results of the study are of practical importance for the formation of political and corporate management decisions aimed at ensuring the achievement of sustainable development goals, the preservation of biological resources and the creation of new jobs. The application of an integrated approach in modeling bioeconomic transformation will significantly contribute to overcoming critical challenges related to ensuring food security, reducing the negative impact on the environment, rational use of natural resources and creating new, «green» jobs. This study is an important step in the development of a new economic model of Ukraine in the process of its green recovery and European integration.

Keywords: bioeconomics, modeling, integrated approach, general equilibrium models, partial equilibrium models, management.

Fig.: 2. Tabl.: 1. Bibl.: 26.

Vostriakova Viktoriia I. – Candidate of Sciences (Economics), Candidate on Doctor Degree, Department of Enterprise Economics and Production Management, Vinnytsia National Technical University (95 Khmelnytske Chss, Vinnytsia, 21021, Ukraine)
Email: [email protected]

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