The Formation of the Economy of the World Ocean

Abstract

The article discusses the essence and stages of the formation of a new field of knowledge – the economy of the World Ocean. The importance of sustainable approaches to the economic development of the marine industry is shown. The authors performed an analysis of the bioeconomical essence of industrial entrepreneurship. The dynamics of the components of the bioeconomical analysis is substantiated. The interrelation and mutual influence of these components is revealed. In bioeconomical assessments, significant databases containing diverse and high-quality indicators related to the need to choose an alternative based on methods related to different fields of knowledge are involved in the analysis. The authors of the article believe that in situations involving a large number of variables, modeling and mathematical programming techniques are the most effective means for making managerial decisions. These methods are justified in the article.