ABSTRACT
This chapter aims to offer an analytic approach for structuring decision problems regarding the use of renewable resources for industrial feedstocks and fuels. First, it introduces some risks and uncertainties in the bioeconomy. Then, the chapter presents the Cynefin framework, developed by Snowden (2002; Snowden and Boone, 2007) on the basis of concepts from knowledge management and organizational strategy. This approach assigns situations to certain "domains" defined by cause-and-effect relationships, which helps to assess and classify decision situations more accurately and leads in turn to more appropriate responses. Subsequently, the implications for decision makers operating in the bioeconomy are elaborated and put into context with risk management. Finally, the chapter presents some conclusions for risk management.
