DOI: 10.11118/978-80-7509-820-7-0328

DESIGNING MONITORING TOOLS: METHODOLOGICAL APPROACHES TO EVALUATION OF REGIONAL BIOECONOMY STRATEGY IMPACTS

Filip TKÁČ, Danka MORAVČÍKOVÁ

Bioeconomy can be considered one of the fastest-growing sectors of the economy, which brings new opportunities concerning economic growth and profit maximisation and sustainability, environment protection, and appropriate use of limited resources. Monitoring bioeconomy status should be an essential task for policy-makers and other stakeholders as business entities, non-governmental organisations, and others. Bioeconomy data are often unavailable because there is an insufficient distinction between bio-based and traditional industry in national statistics, which necessitates conjugating many data sources. For these reasons, it is crucial to define methodologies, which allows comparability. Such tools can find application in evaluating environmental, economic, social progress in the field of bioeconomy by different groups of stakeholders and granting the possibility to compare differences between countries or regions to enhance policies and support mechanisms. An undeniable advantage of the correct setting of monitoring tools is the possibility of performing scenario analysis and bringing the best solutions for developing the bioeconomy sector.
Purpose: The paper's main aim is to compare different approaches to monitoring bioeconomy strategies and evaluate their advantages and disadvantages concerning the availability of data sources.
Design/methodology/approach: The paper compares attitudes and approaches of different researchers on evaluating bioeconomy status and progress supplemented by comments. We work with varying sources, including research reports and papers.
Findings: The paper presents selected approaches to designing monitoring tools intended to evaluate regional bioeconomy status and impacts. The authors also discuss the differences and advantages versus disadvantages of these methodologies.
Research limitations: The paper introduces methodological approaches into bioeconomy evaluation as the initial research stage focused on evaluating bioeconomy and ecoinnovations elements usage in European Countries.

Keywords: bioeconomy, evaluation, methodological approaches, regions, strategy

pages: 328-336, Published: 2021, online: 2021