Background: The bioeconomy, an evolving concept promoting sustainable use of renewable biological resources, confronts the challenge of balancing growth and sustainability across sectors like biotechnology, agriculture, and forestry. This study aims to elucidate the bioeconomy's dynamic nature, constructing a comprehensive theoretical model addressing these complexities.
Methodology: Through an extensive literature review, foundational elements for this model were identified: defining the core concept, delineating relevant variables, specifying assumptions and parameters, and depicting relationships through equations or diagrams.