THE MANAGEMENT OF NATURAL RESOURCES: AN OVERVIEW AND RESEARCH AGENDA (original) (raw)

Our intention is to inspire management scholars to take up the “grand challenge” to provide strategic and managerial insights in conversations and debates that have so far been held by policymakers, economists, natural scientists, and engineers. As organizations’ objectives can diverge from those of governments, citizens, and stakeholders, the interplay between corporate decisions, institutional and regulatory actions, societal pressures, and important externalities of extractive processes provides an exciting context for theoretical and empirical research. We provide examples of how natural resource scarcity is challenging businesses, governments, and industries at large to innovate technologies and business models, compete in natural resource markets, and collaborate across industrial, national, and cultural boundaries.

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