A financial analysis framework is presented for analyzing the impacts of intensivesilvicultural regimes through forest biotechnology applications, which promise substantialreturns by enhancing stand development, raising wood quality standards, and increasinguniformity. Three important aspects of forest biotechnology are addressed. First, gains in volumethrough genetics or other silvicultural improvements are analyzed. Results show that moreintensively-managed regimes with higher growth rates produce more forest products from lessland at a lower cost, and increase marginal returns. Second, regulations and general policy forprotecting intellectual property are presented, and a methodology for capturing genetic advancesusing royalty price premiums is developed. A hypothetical case is made wherein a high techseedling producer can be financially indifferent between selling seedlings for reforestation or forpropagation, while protecting its intellectual property. Third, using data from loblolly pineplantations, a descriptive analysis and assessment of the uniformity trait in vegetativelypropagated and zygotic stands is made. Effects on current growth and yield models, and theirimplications for economic analysis, are evaluated.INDEX