Current issue: 55(3)
Under compilation: 55(4)
Bioeconomy development will create new opportunities for firms operating in the international wood products markets, and identifying and exploiting these opportunities is emphasized as a key concept to achieving business success. Our study will attempt to address a gap in the literature on sawmill industry business development from the viewpoint of international opportunity recognition. The aim of our study is to provide a holistic description on how small and medium-sized enterprises (SMEs) in the wood products industry recognize and exploit international business opportunities, and how they utilize network perspectives in this context. The subject was examined through Finnish wood product industry SMEs by interviewing 11 managers and industry representatives. The results suggest that SMEs recognize international opportunities reactively per se. Social networks formed in professional forums were an important information channel for identifying international opportunities. Through vertical business networks, such as sales agents, firms have been able to increase their international market presence and free their own resources for other important activities. Horizontal dyadic business networks were seen to facilitate new international opportunities through cooperation, while excessive reliance on vertical networks raised concerns and seemed not to be effective in international opportunity recognition. Institutional networks formed a systematic way of recognizing international opportunities, but more so at the initial market entry stage.
The study proposes a technique which enables the computation of user-defined indices for species diversity. These indices are derived from characteristics, called diversity indicators, of inventory plots, stand compartments, and the whole forest holding. The study discusses the modifications required to be made to typical forest planning systems due to this kind of biodiversity computation. A case study illustrating the use of the indices and a modified forest planning system is provided. In the case study, forest-level species diversity index was computed from the volume of dead wood, volume of broadleaved trees, area of old forest, and between-stand variety.
At the stand level, the area of old forest was replaced by stand age, and variety was described by within-stand variety. All but one of the indicators were further partitioned into two to four sub-indicators. For example, the volume of broadleaved trees was divided into volumes of birch, aspen, willow, and other tree species. The partial contribution of an indicator to the diversity index was obtained from a sub-priority function, determined separately for each indicator. The diversity index was obtained when the partial contributions were multiplied by the weights of the corresponding indicators and then were summed. The production frontiers computed for the harvested volume and diversity indices were concave, especially for the forest-level diversity index, indicating that diversity can be maintained at satisfactory level with medium harvest levels.