bioeconomyn.
/ˈbʌɪəʊᵻˌkɒnəmi/, U.S. /ˈbaɪoʊiˌkɑnəmi/, /ˈbaɪoʊəˌkɑnəmi/ 1. Ecology. The interaction of living organisms and their environment, considered in terms of the flow of energy and nutrients within a particular ecosystem. Now rare.
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1956 C. Hand in Ecology 37 384/1 That paper is one of the few which has attempted to discuss in quantitative terms the bioeconomy of coral reefs.
1993 Independent (Nexis) 21 Aug. 47 The various species have different feeding habits and ecological preferences, thus playing an important role in the bioeconomy of the lakes.
1997 A. Petranu Black Sea Biol. Diversity: Romania iii. 56 A significant surplus of phytoplankton and detritus and abundant microzooplankton in the Black Sea pelagic zone favoured the massive growth of another species with a minor part in the bioeconomy of the Black Sea, the jellyfish Aurelia aurita.
2. An economic system based on the use of biological resources or processes: (a) (the part of) an economic system in which biotechnology plays a principal role; (b) (the part of) an economic system that involves the production and utilization of renewable resources based on biological organisms and processes; an economic system that prioritizes this, esp. in the interests of sustainability in the production of food, goods, and energy.
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1986 tr. J. Lesourne World Perspectives (rev. ed.) 262 Confidence in the future of the bioeconomy does not preclude some caution with respect to the speed of its diffusion.
2006 State of Biofuels Industry: Hearing before U.S. Senate Comm. Agric., Nutrition, & Forestry (109th Congr., 2nd Sess.) App. 45 Proponents of a bioeconomy call for nothing less than the complete replacement of petroleum with plant-based chemicals and materials in the manufacture of not only transportation fuels but a variety of biobased products.
2021 Wall St. Jrnl. 4 Sept. a6A (advt.) Through a network of partners,..[this fund] strengthens and develops agroforestry businesses, which help to recover deforested areas while at the same time encouraging family agriculture and the bioeconomy.
This is a new entry (OED Third Edition, December 2022).
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n.1956