Organisational Capability for Managing Biodiversity - A Study

The stages of economic growth in most countries have been historically dependent on the non-judicious use of natural resources that have a direct productive role, and are clearly identifiable as a market good, by its price [1]. Under the concept of equitable use of natural resources, the universally accepted premise is that unplanned and uncontrolled growth of business contributes to irreversible degradation to the biological and physical properties of ecosystem. Many studies have focused upon the importance of preservation of nature with the context of preserving National biological capital but few of the studies suggested a role or linkage between biodiversity with business.