Black Sea – borderline or a launching hub for innovation and circularity
Black Sea – borderline or a launching hub for innovation and circularity

Author(s): Milen Baltov
Subject(s): Economy, Geography, Regional studies, Regional Geography, Environmental Geography, Tourism, Transport / Logistics
Published by: Международно висше бизнес училище
Keywords: circular economy; blue economy; blue growth; SMEs; innovation; funding
Summary/Abstract: 2018 was a year when the Black Sea stood in the focus and was the favourite basin of the European Union policies towards the maritime issues and the emerging blue growth dimensions. 2019 turn to be the year of the so called “mission economy”, when the research and innovation policies of the EU took the track towards five mission areas – one of them on healthy oceans, seas, inland and coastal. Unfortunately at the end of 2021, when appeared the final version of this mission the Black Se was not namely written in its four limelight (pillars) – considering the majour basins around Europe. 2022 further escalated with the war that Russian Federation started against neighboring Ukraine. In this paper will be outlined both the logic of the mission “Restore our Oceans and Waters 2030”, and the business and innovation challenges when applying to the Black Sea basin and its coastal territories.

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