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

• Main Author: Otton, DD
• Format: Thesis
• Language: unknown
• Published: University Of Tasmania 2023
• Subjects: Atlantic salmon
• Online Access: https://dx.doi.org/10.25959/23244896; https://figshare.utas.edu.au/articles/thesis/Establishment_of_an_agribusiness_model_for_assessing_the_commercial_viability_of_new_species_for_aquaculture/23244896

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 ...