Innovations in the forest products industry: the Malaysian experience

The forest products industry is an important socioeconomic sector to many developing countries, both in terms of foreign exchange earnings and employment. In the case of Malaysia, the industry has been one of the fastest growing manufacturing sectors in the country, driven primarily by comparative a...

Full description

Bibliographic Details
Main Authors: Ratnasingam, Jegatheswaran, Lim, Tau Wai, Thanasegaran, Ganesh G., Ioras, Florin, Vacalie, Cristina, Coman, Claudiu, Lu, Weng Ming
Format: Article
Language:English
Published: AcademicPres, University of Agricultural Sciences and Veterinary Medicine 2013
Online Access:http://psasir.upm.edu.my/id/eprint/28335/1/Innovations%20in%20the%20forest%20products%20industry.pdf
_version_ 1796971309434929152
author Ratnasingam, Jegatheswaran
Lim, Tau Wai
Thanasegaran, Ganesh G.
Ioras, Florin
Vacalie, Cristina
Coman, Claudiu
Lu, Weng Ming
author_facet Ratnasingam, Jegatheswaran
Lim, Tau Wai
Thanasegaran, Ganesh G.
Ioras, Florin
Vacalie, Cristina
Coman, Claudiu
Lu, Weng Ming
author_sort Ratnasingam, Jegatheswaran
collection UPM
description The forest products industry is an important socioeconomic sector to many developing countries, both in terms of foreign exchange earnings and employment. In the case of Malaysia, the industry has been one of the fastest growing manufacturing sectors in the country, driven primarily by comparative advantages derived from factor inputs. However, with increasing competition from other cheaper producing nations particularly China and Vietnam, the Malaysian forest products industry is forced to transform and move along the value-chain through innovation and value-addition. Although the government has played a pivotal role in providing a broad policy framework to support value-adding and innovative activities, success on the ground has been limited. The creativity environment, which is plagued with by low-wage economy, coupled with limited network between research, market and industrial enterprises have stifled innovation within the industry. The lack of information and the poor quality human capital has also contributed to the limited innovation within the forest products industry in the country. Against this background, most innovation within the industry is confined to the realms of alternative raw materials, with minimal technological and design variations. Although extensive research and development activities are undertaken, the commercialization potential of the research outputs is limited due to being not market-driven. Inevitably, innovation in the forest products sector must be based on market-needs and must be driven through technological and design change in order to ensure long-term competitiveness.
first_indexed 2024-03-06T08:11:03Z
format Article
id upm.eprints-28335
institution Universiti Putra Malaysia
language English
last_indexed 2024-03-06T08:11:03Z
publishDate 2013
publisher AcademicPres, University of Agricultural Sciences and Veterinary Medicine
record_format dspace
spelling upm.eprints-283352015-10-30T02:49:19Z http://psasir.upm.edu.my/id/eprint/28335/ Innovations in the forest products industry: the Malaysian experience Ratnasingam, Jegatheswaran Lim, Tau Wai Thanasegaran, Ganesh G. Ioras, Florin Vacalie, Cristina Coman, Claudiu Lu, Weng Ming The forest products industry is an important socioeconomic sector to many developing countries, both in terms of foreign exchange earnings and employment. In the case of Malaysia, the industry has been one of the fastest growing manufacturing sectors in the country, driven primarily by comparative advantages derived from factor inputs. However, with increasing competition from other cheaper producing nations particularly China and Vietnam, the Malaysian forest products industry is forced to transform and move along the value-chain through innovation and value-addition. Although the government has played a pivotal role in providing a broad policy framework to support value-adding and innovative activities, success on the ground has been limited. The creativity environment, which is plagued with by low-wage economy, coupled with limited network between research, market and industrial enterprises have stifled innovation within the industry. The lack of information and the poor quality human capital has also contributed to the limited innovation within the forest products industry in the country. Against this background, most innovation within the industry is confined to the realms of alternative raw materials, with minimal technological and design variations. Although extensive research and development activities are undertaken, the commercialization potential of the research outputs is limited due to being not market-driven. Inevitably, innovation in the forest products sector must be based on market-needs and must be driven through technological and design change in order to ensure long-term competitiveness. AcademicPres, University of Agricultural Sciences and Veterinary Medicine 2013 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/28335/1/Innovations%20in%20the%20forest%20products%20industry.pdf Ratnasingam, Jegatheswaran and Lim, Tau Wai and Thanasegaran, Ganesh G. and Ioras, Florin and Vacalie, Cristina and Coman, Claudiu and Lu, Weng Ming (2013) Innovations in the forest products industry: the Malaysian experience. Notulae Botanicae Horti Agrobotanici Cluj-Napoca, 41 (2). pp. 601-607. ISSN 0255-965X; ESSN: 1842-4309 http://www.notulaebotanicae.ro/index.php/nbha/article/view/9339
spellingShingle Ratnasingam, Jegatheswaran
Lim, Tau Wai
Thanasegaran, Ganesh G.
Ioras, Florin
Vacalie, Cristina
Coman, Claudiu
Lu, Weng Ming
Innovations in the forest products industry: the Malaysian experience
title Innovations in the forest products industry: the Malaysian experience
title_full Innovations in the forest products industry: the Malaysian experience
title_fullStr Innovations in the forest products industry: the Malaysian experience
title_full_unstemmed Innovations in the forest products industry: the Malaysian experience
title_short Innovations in the forest products industry: the Malaysian experience
title_sort innovations in the forest products industry the malaysian experience
url http://psasir.upm.edu.my/id/eprint/28335/1/Innovations%20in%20the%20forest%20products%20industry.pdf
work_keys_str_mv AT ratnasingamjegatheswaran innovationsintheforestproductsindustrythemalaysianexperience
AT limtauwai innovationsintheforestproductsindustrythemalaysianexperience
AT thanasegaranganeshg innovationsintheforestproductsindustrythemalaysianexperience
AT iorasflorin innovationsintheforestproductsindustrythemalaysianexperience
AT vacaliecristina innovationsintheforestproductsindustrythemalaysianexperience
AT comanclaudiu innovationsintheforestproductsindustrythemalaysianexperience
AT luwengming innovationsintheforestproductsindustrythemalaysianexperience