Digital Solutions in the Forest-Based Bioeconomy
Watanabe, C., & Naveed, N. (2019). Digital Solutions in the Forest-Based Bioeconomy. In K. Biernat (Ed.), Elements of Bioeconomy (Article 7). InTech. https://doi.org/10.5772/intechopen.84828
© 2019 the Authors
This chapter aims to illustrate the potential and significance of forest-based industry to take the lead in the sustainable development of the bio-based economy under digitalization. The digital solutions are transforming the forest-based industry by enabling the real-time end-to-end supply chain visibility, stock level optimization, demand planning, and real-time order status tracking and transparent, speedy, and hassle-free order fulfillment. In addition, increasing diversification corresponds to eco-consciousness, and shift in people’s preferences induces the transformation of forest-based bioeconomy into a digital platform industry. Further, this chapter will highlight the circular economy way of thinking that offers the possibility for the use of material to a more efficient level along with creating new, sustainable business models for many industries. The future of many industries lies in cross-industrial collaboration and creation of new value network based on circular economy as in the industrial ecosystems; the side streams generated in the production of one firm may be the input raw material for others. Based on all of these developments, transformation of forest-based bioeconomy into a digital platform industry can be expected. ...
Parent publication ISBN978-1-78923-861-7
Is part of publicationElements of Bioeconomy
Publication in research information system
MetadataShow full item record
Showing items with similar title or keywords.
Digital solutions transform the forest-based bioeconomy into a digital platform industry : a suggestion for a disruptive business model in the digital economy Watanabe, Chihiro; Naveed, Kashif; Neittaanmäki, Pekka (Pergamon Press, 2018)With the notion that the transformation of the forest-based bioeconomy in recent years provides insightful suggestions not only on the bioeconomy, but on business innovation, this paper conducts an empirical analysis of ...
Regional sustainability transition through forest-based bioeconomy? : Development actors' perspectives on related policies, power, and justice Halonen, Maija; Näyhä, Annukka; Kuhmonen, Irene (Elsevier, 2022)Forests and forest-based bioeconomy have central roles in the contemporary sustainability transition. However, the transition towards a bioeconomy is loaded with tensions regarding economic growth, ecological integrity, ...
Finnish forest-based companies in transition to the circular bioeconomy : drivers, organizational resources and innovations Näyhä, Annukka (Elsevier, 2020)Overall, this study indicates that in order to successfully manage the transition, companies need to have a deep understanding of what is needed, required and accepted by the markets and society, and they must develop the ...
Transition in the Finnish forest-based sector : Company perspectives on the bioeconomy, circular economy and sustainability Näyhä, Annukka (Elsevier BV, 2019)The forest-based sector is affected by many profound structural changes and the increasing complexity of the business environment due to, for example, the mature markets of many core products and the aims for bio and ...
Näyhä, Annukka (Emerald, 2021)Purpose In Finland, new forest-based sector (FBS) businesses are seen as important for the transition to the circular bioeconomy. The purpose of this study is to explore the transition of Finnish FBS companies to new ...