THE BIOECONOMY CYCLE

Abstract

This article proposes the Bioeconomy Cycle, a model of productive and economic development based on the insights of the National Bioeconomy Strategy (Decree No. 12,044/2024), which describes the value generation chain from natural and sociocultural capital to sustainable return to the ecosystem. To this end, we used Value Chain Theory, Circular Economy Theory, and the Three Visions of Bioeconomy Theory, focusing on how interactions between nature and human activities can generate value sustainably. Exploratory research using secondary data was used as a method, enabling us to identify and structure the stages and relationships of a complex phenomenon that is still little understood in the Amazonian context. The results of this conceptual model detail the seven key stages of the Cycle: Biodiversity, Bioresources, Biotechnology, Bioinnovation, Bioproduction, Biobusiness, and Bioecology. Furthermore, we identified the fundamental role of Biogovernance as a cross-cutting axis that drives the Cycle. In conclusion, the Bioeconomy Cycle serves as an essential visual and planning tool for scientists, policymakers, and businesses, unifying concepts from diverse fields and providing a clear roadmap for developing a bioresource-based economy that is economically viable, socially just, and ecologically regenerative.