Short answer
Integrate economic impact assessments into the design and planning phases of recreational fishing initiatives to strengthen their case for resource allocation and sustainable development.
- Field
- Innovation & Markets
- Source
- cIRcle (University of British Columbia) (2017)
- Method
- Literature Review and Economic Analysis
- Evidence
- Strong effect
Quantifying the economic benefits of recreational fishing is crucial for its prioritization and sustainable management within broader aquatic resource development. This innovation & markets research insight is drawn from a 2017 study published in cIRcle (University of British Columbia). Using Literature review and economic analysis, researchers explored how this design variable affects real-world outcomes. The key design takeaway: Integrate economic impact assessments into the design and planning phases of recreational fishing initiatives to strengthen their case for resource allocation and sustainable development.
Economic Valuation of Recreational Fisheries Drives Sustainable Resource Management
Quantifying the economic benefits of recreational fishing is crucial for its prioritization and sustainable management within broader aquatic resource development.
cIRcle (University of British Columbia) · 2017
Key Findings
- 01Recreational fisheries often face decline due to anthropogenic impacts and are undervalued compared to other resource uses.
- 02Economic valuation is a critical tool for demonstrating the importance of recreational fisheries and advocating for their sustainable management.
- 03Sustainable management requires considering conflicts with other user groups and integrating recreational fishing into broader resource development plans.
Application
Design takeaway
Integrate economic impact assessments into the design and planning phases of recreational fishing initiatives to strengthen their case for resource allocation and sustainable development.
How to apply
When proposing a new recreational fishing product or service, conduct a thorough economic impact assessment to demonstrate its value to local economies and justify its place in resource planning.
Project actions
- 01When researching a recreational activity, consider its economic contribution to the local area.
- 02Think about how to measure the 'value' of an activity beyond just participation numbers.
Method & Evidence
Variables
Strengths & Limitations
Strengths
- +Highlights the often-overlooked economic importance of recreational activities.
- +Provides a framework for advocating for the preservation and sustainable management of these activities.
Limitations
Conducting a full economic valuation can be complex and may require specialized knowledge in economics.
Reliability & validity
The reliability of the findings depends on the quality and consistency of economic data available for recreational fisheries. Validity is enhanced by considering diverse economic metrics and stakeholder perspectives.
Think critically
To what extent can economic valuation alone ensure the sustainability of recreational activities, or are ecological and social factors equally, if not more, important?
Design Principles
"The economic viability of a recreational activity is a key factor in its long-term sustainability and integration into broader resource management strategies."
In contexts where recreational fishing competes with other resource uses like agriculture or hydropower, demonstrating its economic value can secure its future. This economic justification is vital for advocating for sustainable practices and ensuring the sub-sector's viability against competing interests.
What This Means for Your Design
To make sure fishing for fun stays around, we need to show how much money it brings in. This helps protect it when people are deciding how to use water resources.
How to use in your project
- 1.Use the concept of economic valuation to justify the importance of your chosen design area, especially if it's a recreational or environmental focus.
- 2.Consider how your design could contribute to or be impacted by local economies.
Add to My Project
Quick Cite
Paragraph starter
The economic significance of recreational activities is often a critical factor in their long-term viability and integration into resource management plans. By quantifying the economic benefits, such as job creation and local spending, designers can build a stronger case for their projects and advocate for sustainable practices that consider the broader socio-economic landscape.
Source
cIRcle (University of British Columbia)
Evaluating the Benefits of Recreational Fisheries
journal · 2017
View sourceQuestions About This Research
- What does the research say about economic valuation of recreational fisheries drives sustainable resource management?
- Integrate economic impact assessments into the design and planning phases of recreational fishing initiatives to strengthen their case for resource allocation and sustainable development. Evidence: cIRcle (University of British Columbia) (2017).
- Why does "Economic Valuation of Recreational Fisheries Drives Sustainable Resource Management" matter for design?
- In contexts where recreational fishing competes with other resource uses like agriculture or hydropower, demonstrating its economic value can secure its future. This economic justification is vital for advocating for sustainable practices and ensuring the sub-sector's viability against competing interests.
- How can designers apply this research?
- Integrate economic impact assessments into the design and planning phases of recreational fishing initiatives to strengthen their case for resource allocation and sustainable development.
- What were the main findings?
- Recreational fisheries often face decline due to anthropogenic impacts and are undervalued compared to other resource uses.. Economic valuation is a critical tool for demonstrating the importance of recreational fisheries and advocating for their sustainable management.. Sustainable management requires considering conflicts with other user groups and integrating recreational fishing into broader resource development plans.
- What research method was used?
- Literature Review and Economic Analysis.
- How strong is the evidence?
- Evidence strength is rated Strong effect, based on a 2017 journal from cIRcle (University of British Columbia).
- What should I do differently in my next project?
- When proposing a new recreational fishing product or service, conduct a thorough economic impact assessment to demonstrate its value to local economies and justify its place in resource planning.
- What are the limitations?
- The paper focuses on the economic justification and sustainable management of recreational fisheries, with less emphasis on specific design interventions for the fishing equipment or experience itself.