The Role of Entrepreneurial Clusters in Advancing Circular Bioeconomy and Innovation: A Case Study from Romania
Year: 2025
Type: article
Abstract: This paper explores how bioeconomy-specialized clusters function as systemic intermediaries that support innovation, coordination, and business transformation in the transition to a circular bioeconomy. Using a qualitative case study methodology, we analyze how bioclusters in Romania enable SME development, knowledge transfer, and cross-sector innovation, ultimately strengthening regional entrepreneurial ecosystems. Findings highlight the role of clusters in supporting innovation management, access to financing, and policy alignment in the transition toward a circular bioeconomy. By fostering entrepreneurial networks, facilitating skill development, and supporting SME-driven innovation, clusters act as catalysts for inclusive and resilient business growth. This study highlights how clusters create an enabling environment by providing access to financing, technology, and market expansion opportunities. Although focused on a specific regional biocluster ecosystem, the findings underscore the scalability and replicability of this model across Europe, reinforcing its contribution to entrepreneurship, innovation, and regional economic development. This study contributes to the literature on entrepreneurial ecosystems and circular bioeconomy governance, emphasizing the role of clusters as intermediary organizations that facilitate business-led sustainability transitions. The findings offer practical insights for policymakers, industry leaders, and researchers, outlining strategies to strengthen cluster-based innovation, enhance SME competitiveness, and embed circular practices into national and regional bioeconomy strategies. This paper’s added value lies in combining the Technological Innovation Systems (TIS) framework with empirical evidence from Romanian clusters—a context underexplored in current literature on circular bioeconomy transitions.
Source: Sustainability
DOI: 10.3390/su17093787
Authors: Boglárka Vajda, Gabriela Drăgan, Lajos Vajda, Mária-Magdolna Gáspár, Miklós Levente Bagoly
Institution: Bucharest University of Economic Studies
Language: English
Domain: Life Sciences
Open Access status: gold
Estimated APC paid: $2,896
Funder: European Commission
OpenAlex ID: W4409707093
