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Role of Company Sales in Funding Research and Development by Major U.S. Paper Companies

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Abstract:

Forestry research is conducted by state and federal agencies and by many private firms. Studies of research productivity and efficiency are increasingly common in forestry, due to the greater scale of research activity, and increasing competition for both public and private funds. Research evaluations rely on accurate measures of research inputs and outputs. This article presents an equation to predict research inputs for five major firms in the U.S. pulp and paper industry. Pulp and paper research by major U.S. companies is very closely related to corporate sales each year. The relationship empirically supports important assumptions that have been used in studies evaluating aggregate returns to research. Forest Sci. 32:936-943.

Keywords: Research efficiency; econometrics; economic theory; research management

Document Type: Journal Article

Affiliations: Assistant Foresters of the Mississippi Agricultural and Forestry Experiment Station

Publication date: 1986-12-01

More about this publication?
  • Forest Science is a peer-reviewed journal publishing fundamental and applied research that explores all aspects of natural and social sciences as they apply to the function and management of the forested ecosystems of the world. Topics include silviculture, forest management, biometrics, economics, entomology & pathology, fire & fuels management, forest ecology, genetics & tree improvement, geospatial technologies, harvesting & utilization, landscape ecology, operations research, forest policy, physiology, recreation, social sciences, soils & hydrology, and wildlife management.
    Forest Science is published bimonthly in February, April, June, August, October, and December.

    2016 Impact Factor: 1.782 (Rank 17/64 in forestry)

    Average time from submission to first decision: 62.5 days*
    June 1, 2016 to Feb. 28, 2017

    Also published by SAF:
    Journal of Forestry
    Other SAF Publications
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