COMPETITION POWER AND INNOVATION IN FOREST PRODUCT INDUSTRY
Production of new products, processes and information are extremely important for a firm to keep up and
compete with others in the market. In this study the process of innovation produce in the sector of forest
product industry was investigated. This study, conducted in 102 small and middle size firms, showed that
the export companies are more successful in innovation, information production is tremendously effective
in innovation, and new products and processes are indispensable for competition. It was further determined
that if research activities in forest product industry were supported with sufficient financial resource,
the production of new products, process and information could be achieved satisfactorily, and
market and competition domination could be gained in national and international market.
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