Benefits of Economic and Business Information

Today, many of the driving influences in fish and wildlife management originate within state and federal legislatures, corporate boardrooms, courtrooms and media offices. These influences decide not only the financial resources available for fish and wildlife but also shape public attitudes that ultimately decide the fate of all natural resource programs. Efforts to initiate positive change can be greatly enhanced with sound economic data. Southwick Associates can quantify economic impacts down to simple and easy to understand terms.

Specifically, economics can assist in eight general areas:
Legislative Activities:
Economic information can help gain political support for conservation programs by demonstrating the importance of fish & wildlife-related activities to constituents and corporations.
Funding Initiatives:
Greater legislative and / or corporate funding can be secured by demonstrating the importance of fish & wildlife-related activities to state residents and commerce.
Development of Government Management Priorities:
Along with biological and other data, economics can help federal, state and local governments develop conservation and wildlife management priorities and understand potential economic effects of various management schemes and options.
Industry & Business Planning :
Economic & business research helps trade associations and individual companies better understand their market and competition. Such information allows them to become more effective & efficient in their planning & operational activities.
Public Communication:
Economics can help win public support for fish & wildlife by demonstrating the economic dependence of individuals, businesses and communities on natural resources. In addition, economics can grab the attention of people who do not care about fish or wildlife, but maybe motivated by commerce issues.
User Management:
Economics provides insights on behavior, habitats and preferences to help effectively manage human interactions with wildlife.
Habitat Conservation:
By demonstrating the current and potential economic contributions of natural habitat, economics can improve habitat conservation and restoration efforts.
Restitution for Lost Wildlife:
Economics can establish proper restitution for illegally killed fish and wildlife or lost recreational and commercial opportunities.
 
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