Establishment of an agribusiness model for assessing the commercial viability of new species for aquaculture ...

This thesis develops a process for selecting and assessing the commercial viability of potential new aquaculture species. Currently a lack of understanding exists between science and business in the differing roles each discipline plays. The present study makes a nexus between the two and establishe...

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Bibliographic Details
Main Author: Otton, DD
Format: Thesis
Language:unknown
Published: University Of Tasmania 2023
Subjects:
Online Access:https://dx.doi.org/10.25959/23244896.v1
https://figshare.utas.edu.au/articles/thesis/Establishment_of_an_agribusiness_model_for_assessing_the_commercial_viability_of_new_species_for_aquaculture/23244896/1
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Summary:This thesis develops a process for selecting and assessing the commercial viability of potential new aquaculture species. Currently a lack of understanding exists between science and business in the differing roles each discipline plays. The present study makes a nexus between the two and establishes a structured process for selecting a new aquaculture species that includes all stakeholders. To achieve this, the concept of agribusiness is applied to the science of aquaculture and both are disciplined by the new product development approach adapted from mainstream industry. The research instrument, a (qualitative) questionnaire was constructed from aquaculture, agribusiness and new product development literature, approaching new species development as new product development. Three transparent and successful finfish aquaculture industries; channel catfish in the United States, Atlantic salmon in Tasmania and barramundi in northern Australia were selected as benchmarks and surveyed. The survey measured ...