eThesis - School of Business electronic theses

» hse_ethesis_12850.pdf   size:2 MB (1986348)

Objectives of the Study Objectives of the study were to define the environment industry and its sub-sectors in a logical manner, to improve the understanding of meaningfulness of the industry for Finland, and finally to recognize the most critical uncertainties that guide the development of the Finnish environment industry until 2020. The study can be beneficial for more detailed industry analysis. For example investors, researchers and environment industry companies can use this study for their purposes.

Academic background and methodology This study is a scenario planning analysis. The study starts by conducting a literature review that employs a wide range of sources from academic publications to studies of private companies and governmental organizations. The outputs of the literature review are evaluated by environment industry professionals through structured interviewing. The structured interviews are conducted exclusively with persons that are involved in the Finnish environment industry and that posses a high level of knowledge in the area. The combined outputs from the literature review and the structured interviews are used as basis for crafting four scenarios for the Finnish environment industry in 2020, including related implications, options and early warning signals.

Findings and conclusions The two most critical uncertainties affecting the Finnish environment industry by 2020 were assessed to be the capability of Finnish environment industry companies to generate more revenues from solutions than individual companies, and if the expertise and structures of the private financing organizations are well developed to serve the Finnish environment industry. The potential of bio-energy for the Finnish environment industry seems to be high, where in the surrounding of this research the potential of different environment industry sub-sectors was not analyzed thoroughly.