This paper discusses an innovative approach to stimulating economic develop
ment through value-added wood product industry expansion. The methodology,
which is premised on matching production capabilities to market demand, goe
s beyond simply examining forest resources, current industry capabilities,
and market forces. In addition to these important components, the methodolo
gy includes analyses of regional economic effects of value-added industry g
rowth, socio-economic and demographic factors, work readiness of the potent
ial employee base, required employee skills, and employee training program
development. The research approach is flexible and can be adapted for diffe
rent objectives.