Abstract

By incorporating the consideration of local issues, local value creation (LVC) creates value for local stakeholders, favoring local industry, local economic activity, and local availability of materials, services, and skills. The purpose of this study is to understand how local values in forest management could be framed and defined within the French forest management context and to explore how the process of LVC could be modeled. Therefore, in this study, we propose a meta-model that can be applied to ecosystem services provided by forests, enhancing the importance of the local context. Also, we introduce the concept of value creation, its connection with forest management, and the pivotal role of stakeholders in value definition. Finally, the way in which this generic conceptual model of the LVC can be applied to the forest management system in France is presented and discussed.

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