Economics and Business Management

Integration of Ukraine into the global economy, considering limited traditional resources, needs a new vision of development and implementation of organizational and economic basis of development of the national economy in general. Today this problem is urgent because the development of the bioeconomy is connected with the improvement of competitiveness in industry and agriculture. It was proved that the strategy of bioeconomy development in Europe is aimed at innovation activity and R&D, taking into account priorities of the bioeconomy sectors. European innovation partnerships will play a key role in the future, as well as integrated innovation initiatives do. These initiatives support the forming and use of data and knowledge bases and simulate the interaction of policy instruments on the European, regional, and national levels and propose investment mechanisms in the bioeconomy sectors. It was grounded that the concept of bioeconomy development in the European economic space envisages development, presentation, and affirmation of a unified strategy that can be implemented in all the European countries. In addition, it was defined that, for getting effect, it is necessary to use regulation fragmentation, which will cover all the bioeconomy sectors. It was defined that for the perspective development of the bioeconomy in Ukraine, it is required to solve these problems: training specialists in the sphere of the bioeconomy; lack of financial resources in the sphere of biotechnologies; weak development of integration between education, science, and business; disinterest of the local bodies in the development of the bioeconomy sectors; absence of elements of bioeconomy infrastructure; imperfection of mechanisms of commercialization of scientific results and governance by intellectual property; regulation; and supporting the bioeconomy development on the national level

bioeconomy; biotechnologies; limited resources; bioeconomy infrastructure; stable growth