Innovation in global forestry: Evolution towards a diversified industry

IF 10.5 1区 管理学 Q1 BUSINESS Journal of Business Research Pub Date : 2025-02-01 DOI:10.1016/j.jbusres.2024.115140
Andre Wise, Hamieda Parker
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Abstract

Productivity in the global forestry industry increased between 1950 and 2000 but thereafter stagnated. This study sheds light on the types of innovation that drove this productivity increase to inform future research. Analysis of patent data from 1970 to 2022 shows that patents related to chemical and mechanical productivity historically dominated the innovation landscape. Recently, a wide range of sustainability-focused patents to mitigate climate change and environmental degradation have been introduced. Current trends seem to indicate that this tendency will continue. This study contributes to the discussion around innovation by examining 50 years of data on patents in the forestry industry. It also provides practical implications for managers and policymakers. A methodological contribution of this study is that it shows how patent analysis and KeyGraph techniques can be combined to yield valuable insights to inform innovation in business sectors beyond forestry.
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CiteScore
20.30
自引率
10.60%
发文量
956
期刊介绍: The Journal of Business Research aims to publish research that is rigorous, relevant, and potentially impactful. It examines a wide variety of business decision contexts, processes, and activities, developing insights that are meaningful for theory, practice, and/or society at large. The research is intended to generate meaningful debates in academia and practice, that are thought provoking and have the potential to make a difference to conceptual thinking and/or practice. The Journal is published for a broad range of stakeholders, including scholars, researchers, executives, and policy makers. It aids the application of its research to practical situations and theoretical findings to the reality of the business world as well as to society. The Journal is abstracted and indexed in several databases, including Social Sciences Citation Index, ANBAR, Current Contents, Management Contents, Management Literature in Brief, PsycINFO, Information Service, RePEc, Academic Journal Guide, ABI/Inform, INSPEC, etc.
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