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Innovation, Strategy and Canada's Forest Products Industry

Author

Listed:
  • Steven Globerman
  • Masao Nakamura
  • Karen Ruckman
  • Ilan Vertinsky

Abstract

This study identifies the changes affecting the Canadian forest products industry and relates those changes to imperatives facing Canadian firms to modify their corporate and business-level strategies. The paper investigates the role of innovation strategies and suggests changes to institutional arrangements that indirectly or directly accommodate them. More secure forestry tenure arrangements and a change in policies toward industry concentration are indirect ways of inducing innovation. The government's position in an effective innovation strategy involves research focusing on forest environment while the emphasis of cooperative labs would be on basic or precompetitive research in wood products. All the recommendations act to increase the incentives of private investors to innovate by capturing a greater share of the returns of their own innovations.

Suggested Citation

  • Steven Globerman & Masao Nakamura & Karen Ruckman & Ilan Vertinsky, 1998. "Innovation, Strategy and Canada's Forest Products Industry," Canadian Public Policy, University of Toronto Press, vol. 24(s2), pages 27-40, May.
  • Handle: RePEc:cpp:issued:v:24:y:1998:i:s2:p:27-40
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    References listed on IDEAS

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    1. Sivaguru Sahajananthan & David L. Haley & John Nelson, 1998. "Planning for Sustainable Forests in British Columbia through Land Use Zoning," Canadian Public Policy, University of Toronto Press, vol. 24(s2), pages 73-81, May.
    2. Jeffrey I. Bernstein, 1996. "International R&D Spillovers between Industries in Canada and the United States, Social Rates of Return and Productivity Growth," Canadian Journal of Economics, Canadian Economics Association, vol. 29(s1), pages 463-467, April.
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    Cited by:

    1. Van Horne, Constance & Frayret, Jean-Marc & Poulin, Diane, 2006. "Creating value with innovation: From centre of expertise to the forest products industry," Forest Policy and Economics, Elsevier, vol. 8(7), pages 751-761, October.
    2. Alfranca, Oscar & Voces, Roberto & Herruzo, A. Casimiro & Diaz-Balteiro, Luis, 2014. "Effects of innovation on the European wood industry market structure," Forest Policy and Economics, Elsevier, vol. 40(C), pages 40-47.
    3. Weiss, Gerhard & Hansen, Eric & Ludvig, Alice & Nybakk, Erlend & Toppinen, Anne, 2021. "Innovation governance in the forest sector: Reviewing concepts, trends and gaps," Forest Policy and Economics, Elsevier, vol. 130(C).

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