Franz Schmithüsen - Entrepreneurship and Management in Forestry and Wood Processing: Principles of Business Economics and Management Processes

Forestry has long been in a rather favourable position by offering a valuable raw material source in high demand. However, with rapidly changing end-user demands and cost competitiveness within the forest and wood chain as a whole, the industry needs to adapt. Explaining entrepreneurial action as part of a chain of comprehensive value-added processes leads to a new perception of forest production and wood processing.

This book applies the main concepts of modern managerial science to the world of forestry and renewable natural resources utilisation. It is the perfect book for students studying forestry, environment and wood processing, as well as entrepreneurs and managers within the wood-based sector.

Topics are covered from an entrepreneurial perspective and include perspectives from accounting, finance, economics, supply chain management, marketing and strategy.

Franz Schmithsen is Professor Emeritus at the Swiss Federal Institute of Technology (ETH) in Zurich, Switzerland.

Bastian Kaiser is Professor of Applied Economics and since 2001 Rector of the University of Applied Forest Sciences in Rottenburg, Germany.

Albin Schmidhauser is head of the agency dealing with natural disasters of the Department of Traffic and Infrastructure in the Canton Luzern, Switzerland.

Stephan Mellinghoff is a management consultant at TMS Unternehmensberatung AG in Cologne, Germany, providing strategy restructuring and turnaround services to small and medium-sized enterprises.

Karoline Perchthaler is entrepreneur for sustainable finance and integral risk management and member of the executive board of the Institute for Value-based Economics in Vienna, Austria.

Alfred W. Kammerhofer is chief of the forest management and wood industry section in the Federal Office for the Environment and head of the division for wood energy at the National Economic Supply agency in Berne, Switzerland.

Edited by Nick Hanley
University of Stirling, UK

1. Greenhouse Economics
Value and ethics
Clive L. Spash

2. Oil Wealth and the Fate of Tropical Rainforests
Sven Wunder

3. The Economics of Climate Change
Edited by Anthony D. Owen and Nick Hanley

4. Alternatives for Environmental Valuation
Edited by Michael Getzner, Clive Spash and Sigrid Stagl

5. Environmental Sustainability
A consumption approach
Raghbendra Jha and K.V. Bhanu Murthy

6. Cost-Effective Control of Urban Smog
The significance of the Chicago cap-and-trade approach
Richard F. Kosobud, Houston H. Stokes, Carol D. Tallarico and Brian L. Scott

7. Ecological Economics and Industrial Ecology
Jakub Kronenberg

8. Environmental Economics, Experimental Methods
Edited by Todd L. Cherry, Stephan Kroll and Jason F. Shogren

9. Game Theory and Policy Making in Natural Resources and the Environment
Edited by Ariel Dinar, Jos Albiac and Joaqun Snchez-Soriano

10. Arctic Oil and Gas
Sustainability at risk?
Edited by Aslaug Mikkelsen and Oluf Langhelle

11. Agrobiodiversity, Conservation and Economic Development
Edited by Andreas Kontoleon, Unai Pascual and Melinda Smale

12. Renewable Energy from Forest Resources in the United States
Edited by Barry D. Solomon and Valeria A. Luzadis

13. Modeling Environment-Improving Technological Innovations under Uncertainty
Alexander A. Golub and Anil Markandya

14. Economic Analysis of Land Use in Global Climate Change Policy
Thomas Hertel, Steven Rose and Richard Tol

15. Waste and Environmental Policy
Massimiliano Mazzanti and Anna Montini

16. Avoided Deforestation
Prospects for mitigating climate change
Edited by Stefanie Engel and Charles Palmer

17. The Use of Economic Valuation in Environmental Policy
Phoebe Koundouri

18. Benefits of Environmental Policy
Klaus Dieter John and Dirk T.G. Rbbelke

19. Biotechnology and Agricultural Development
Robert Tripp

20. Economic Growth and Environmental Regulation
Tim Swanson and Tun Lin

21. Environmental Amenities and Regional Economic Development
Todd Cherry and Dan Rickman

22. New Perspectives on Agri-Environmental Policies
Stephen J. Goetz and Floor Brouwer

23. The Cooperation Challenge of Economics and the Protection of Water Supplies
A case study of the New York City watershed collaboration
Joan Hoffman

24. The Taxation of Petroleum and Minerals
Principles, problems and practice
Philip Daniel, Michael Keen and Charles McPherson

25. Environmental Efficiency, Innovation and Economic Performance
Massimiliano Mazzanti and Anna Montini

26. Participation in Environmental Organizations
Benno Torgler, Maria A. Garca-Valias and Alison Macintyre

27. Valuation of Regulating Services of Ecosystems
Pushpam Kumar and Michael D. Wood

28. Environmental Policies for Air Pollution and Climate Change in New Europe
Caterina De Lucia

29. Optimal Control of Age-Structured Populations in Economy, Demography and the Environment
Raouf Boucekkine, Natali Hritonenko and Yuri Yatsenko

30. Sustainable Energy
Edited by Klaus D. John and Dirk Rubbelke

31. Preference Data for Environmental Valuation
Combining revealed and stated approaches
John Whitehead, Tim Haab and Ju-Chin Huang

32. Ecosystem Services and Global Trade of Natural Resources
Ecology, economics and policies
Edited by Thomas Koellner

33. Permit Trading in Different Applications
Edited by Bernd Hansjrgens, Ralf Antes and Marianne Strunz

34. The Role of Science for Conservation
Edited by Matthias Wolff and Mark Gardener

35. The Future of Helium as a Natural Resource
Edited by W. J. Nuttall, R. H. Clarke and B.A. Glowacki

36. The Ethics and Politics of Environmental Cost-Benefit Analysis
Karine Nyborg

37. Forests and Development
Local, national and global issues
Philippe Delacote

38. The Economics of Biodiversity and Ecosystem Services
Edited by Shunsuke Managi

39. Analyzing Global Environmental Issues
Theoretical and experimental applications and their policy implications
Edited by Ariel Dinar and Amnon Rapoport

40. Climate Change and the Private Sector
Scaling up private sector response to climate change
Craig Hart

41. Game Theory and Fisheries
Essays on the tragedy of free for all fishing
Ussif Rashid Sumaila

42. Entrepreneurship and Management in Forestry and Wood Processing
Principles of business economics and management processes
Franz Schmithsen, Bastian Kaiser, Albin Schmidhauser, Stephan Mellinghoff, Karoline Perchthaler and Alfred W. Kammerhofer

Principles of business economics and management processes

Franz Schmithsen ,
Bastian Kaiser ,
Albin Schmidhauser ,
Stephan Mellinghoff ,
Karoline Perchthaler and
Alfred W. Kammerhofer

First published 2014

by Routledge
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and by Routledge
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Routledge is an imprint of the Taylor & Francis Group, an informa business

2014 Franz Schmithsen, Bastian Kaiser, Albin Schmidhauser, Stephan Mellinghoff, Karoline Perchthaler and Alfred W. Kammerhofer

The rights of Franz Schmithsen, Bastian Kaiser, Albin Schmidhauser, Stephan Mellinghoff, Karoline Perchthaler and Alfred W. Kammerhofer to be identified as authors of this work have been asserted in accordance with the Copyright, Designs and Patent Act 1988.