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Bioeconomy, as revealed from the European Union definition, comes from life sciences based on environmental and sustainable resources (Aguilar, et al., 2009 cited in Gardan et al., 2018, p. 508). The field of biotechnology, the basis of the bioeconomy concept, is relevant in view of the fact that the companies in this field tend to use resources efficiently, to carry out activities that promote a high degree of competitiveness in the long term. (Uta, 2008 quoted in Gardan et al., 2018, p. 508). This field of biotechnology has been supported and promoted in recent years through various policies of the Organization for Economic Cooperation and Development (OECD) and the European Commission (Mayumi, 2009; Birch and Tyfield, 2012 quoted in Sandulescu et al., 2018, p. 527).
Bioeconomy, as part of the European Commission's long-term strategy by 2050, (Scarlat et al., 2015 quoted in Sandulescu et al., 2018, p. 528), facilitates and promotes the use of biological resources, in an efficient way, especially through innovative methods, with a significant contribution to reducing costs and resources with negative environmental impact. (OECD, 2009; European Commission, 2012; Purkus, et al., 2018 quoted in Sandulescu et al., 2018, p. 527).
In the context of the two initiatives “Innovation Union” and “A resource-efficient Europe” under the EU 2020 strategy (European Commission, 2012), the European Commission proposed the strategy ” A bioeconomy for Europe ” from 2012 with three pillars focusing on investment, innovation, developing of new competitive markets, strengthening the coordination at national level in this direction (European Commission, 2012).