Cited by 39Bioeconomy and Sustainability DevelopmentSustainable Supply Chain ManagementTechnology Assessment and Management

A readiness level framework for sustainable circular bioeconomy

Open access
Holden, Nicholas M.·2022·EFB Bioeconomy Journal

Abstract

Bioeconomy is proposed as a means of transitioning from the ‘take-make-use-waste’ paradigm of the fossil resource economy to a sustainable future. The integration of bioeconomy with circular economy principles is needed to decouple environmental impact from consumption. A business operating within a sustainable circular bioeconomy must function within environmental and social limits, and be economically viable, so entrepreneurs need a means of managing innovation in this context. A stage-gate approach is proposed that combines technology, innovation, and social readiness level frameworks with life cycle thinking to create an evidence-driven understanding of a new business innovation. At each stage-gate, questions are answered, using data obtainable by any business. Integrating stage-gated readiness level thinking with conventional innovation supports to guide entrepreneurs towards successful innovations for sustainable circular bioeconomy.

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Crossref · 10.1016/j.bioeco.2022.100031

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Authors
Holden, N. M.
Affiliations
University College Dublin (IE)
Corresponding author
Holden, Nicholas M.
Venue
EFB Bioeconomy Journal
Publisher
Elsevier BV
Published
2022-11
Volume
2
Pages
100031
ISSN
2667-0410 (ISSN-L)
OpenAlex
W4285403867
Cited by
39
References
3
Citations by year
2026: 12 · 2025: 13 · 2024: 5 · 2023: 8 · 2022: 1
FWCI
9.44
Type
journal article
Language
en
Open access
Locations
  • EFB Bioeconomy Journal (publishedVersion, cc-by)
  • DOAJ (DOAJ: Directory of Open Access Journals) (submittedVersion, cc-by-sa)
Funders
  • Science Foundation Ireland (16/RC/3889)
  • European Regional Development Fund (16/RC/3889)
Topics
  • Life Sciences › Agricultural and Biological Sciences › General Agricultural and Biological Sciences › Bioeconomy and Sustainability Development
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Sustainable Supply Chain Management
  • Physical Sciences › Engineering › Safety, Risk, Reliability and Quality › Technology Assessment and Management
Keywords
circular bioeconomy, business innovation, life cycle thinking, sustainable business, innovation support, entrepreneurship

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