Abstract

Blue Economy is a relatively new denomination circumscribing the perceived economic functionalities of the oceanic spheres. This paper articulates a definition for both Blue Economy and Circular Economy in one concentric circle and functionally links the two for a spherical strategic ideation. This paper coins the term Blue Space as a marker for both vertices in one and focuses the attention of the triad of economy, ecology and security on it. The paper analyses the potential strategic inducements for operationalizing the Blue Space in a tangible, outcome oriented and results-driven programming by using the Oxford Vantage Point of Technology-Markets-Organisations.