Progress in Green Economics

Author(s): Mauricio Umana * .

DOI: 10.2174/9789815050172122010006

Strategic Policies for Green Economy: A Conceptual Analysis

Pp: 64-74 (11)

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Abstract

SHS investigation development is considered from the geographical and historical viewpoint. 3 stages are described. Within Stage 1 the work was carried out in the Department of the Institute of Chemical Physics in Chernogolovka where the scientific discovery had been made. At Stage 2 the interest to SHS arose in different cities and towns of the former USSR. Within Stage 3 SHS entered the international scene. Now SHS processes and products are being studied in more than 50 countries.

Abstract

This paper analyzes the need for strategic policies for a circular economy
that sustains nature and societies. One central challenge of our times is the strategic
need of applying business strategies for developing a sustainable economy. This posits
that social innovation organizations should collaborate in the innovation territories that
can help create spaces for the creation of knowledge with purpose, giving the necessary
field for inclusive capitalism for consumers according to the emerging technologies,
thereby leading to sustainability and green economy. Based on the needs of the
developing world, researchers must continue investigating public policies that
idealistically can be created as a contribution to sustainability and competitiveness.

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