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Research, Development and Engineering in Forestry

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K.L. Mikhaylov, D.H. Fayzulin, N.A. Demina

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630*90

DOI:

10.17238/issn0536-1036.2018.2.133

Abstract

The implementation of R&D deliverables is a high-priority problem of the applied (sectoral) science under current conditions. With regard to the forest complex, it is actual to present a practical benefit for the forest business in the use of developments of scientific organizations. The paper presents the problems of intensification of scientific activities and the implementation of R&D deliverables in forestry. This problem can be solved by creation of special units ‒ innovation centres. Their urgency is related to the need to increase the scientific activities of research institutions in the implementation of the objectives of the Russian Federation state program “Forestry Development for 2013‒2020”. The example of calculation of commercial effectiveness of the scientific results implementation in the form of the conditional investment project “To Study Test Pine Cultures and Select Quality Variety for Quickened Forest Growth” (Federal State-Funded Institution “Northern research institute of forestry”, 2015) is demonstrated. The advantages of commercialization of scientific research results in a conditional investment project are as follows: simplicity of calculation, clarity of example, availability of relevant information, use of regional benefits in the economy, participation in business support projects. The goal of research is to demonstrate the possibility of commercialization of scientific results and evaluating the business undertaking attractiveness even before the business plan development. The project includes a brief presentation of R&D results, a necessary cost estimation, investment variants, and potential sources of financing. The method of assessment of economical efficiency of investment projects with the calculation of profitability indices, net present value, and a payback period is used to substantiate commercial attractiveness of R&D deliverables. The authors take into account the regional management of course of business, specificity of the forest-based economy sector, state support, and the advantages of new forms of business integration. 

Authors

K.L. Mikhaylov, Candidate of Economic Sciences, Associate Professor, Leading Researcher
D.H. Fayzulin, Senior Research Officer
N.A. Demina, Candidate of Agricultural Sciences, Senior Research Officer

Affiliation

Northern Research Institute of Forestry, ul. Nikitova, 13, Arkhangelsk, 163062, Russian Federation; e-mail: Sevniilh@sevniilh-arh.ru

Keywords

forestry, innovation, R&D deliverables, commercial effectiveness, investment project

For citation

Mikhaylov K.L., Fayzulin D.Kh., Demina N.A. Research, Development and Engineering in Forestry. Lesnoy zhurnal [Forestry journal],2018, no. 2, pp. 133–138. DOI: 10.17238/issn0536-1036.2018.2.133

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Received on November 21, 2017


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