Intermediates of Open Innovation in the Aquaculture Industry

Abstract

Aquaculture appears to be the most adequate and logical way to suit the protein production problem. Basically, because unlike fisheries that are highly unpredictable, aquaculture rearing is based upon production protocols. This chapter developed an argument supporting the above rationale. As it stands, the evidence suggests that with the current use of information technology, it becomes a common practice to exchange aquaculture knowledge between firms, research bodies, or non-governmental organizations. The interaction between the whole set of stakeholders, where a broad range of know-how and intermediate products and services are developed, generates innovation. Sharing know-how creates open innovation. Open innovation, by its turn, seeks efficiency and generates more sustainable production processes. The way knowledge transfer is delivered and its trends are dependent upon dimensions such as economic, social, and cultural factors.