The management of natural resources: An overview and research agenda

• Main Authors: GEORGE, Gerard, Simon J.D. SCHILLEBEECKX, LIAK, Teng Lit
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2018
• Subjects: editorial AMJ; managing natural resources; environment; resource; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/6397
• Institution: Singapore Management University

Natural resources underpin the foundation of human activity. Individuals and organizations consume vast amounts of natural resources as a matter of routine without much cognizance of their continued availability in the future or the true cost of a depleting natural resource. Over the past decades of industrial activity, organizations, communities, and nations have acted to protect their interests by investing in and securing their supplies of natural resources that support economic growth. An industrial complex, now variously termed as extractive industries, supplies crucial non-renewable natural resources such as oil and coal for energy or iron and aluminum for construction. Our societal reliance on the consumption of natural resources grows unabated such that the discussion of sustainability of natural resources has taken primacy in policy and executive concerns. However, scholarly research on understanding the management and the organization of natural resources remains limited, especially regarding its industrial ecosystem of use and trade and its implications for individual behavior, organizational performance, and quality of life.