Sharing knowledge on the sustainable business model: An aquaculture start-up case in Thailand.

What is it about?

Agriculture, including the forestry and fisheries sectors, needs to adapt to the impacts of climate change and improve the resilience of food production systems in order to sustain a growing population and consumption, coupled with limited resources, sustainable ways of living are achieving significance in the contemporary world. Thailand, there is evidence that the Aquaculture industry is one of vital fisheries sectors and has also been encountered with unsustainable challenges. This study aims to share knowledge regarding practices for transitioning from traditional business model to sustainable business model (SBM) based on the design thinking process and sustainability. The paper highlights that the SBM, adapted from the Lean Business Model Canvas, and its contributions can be used to share and reflect new knowledge on the understanding of fish-cage aquaculture start-ups in Thailand or even become one of leading case studies to identify sustainable development pathways of aquaculture start-ups in Thailand.

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Why is it important?

Agriculture, including the forestry and fisheries sectors, needs to adapt to the impacts of climate change and improve the resilience of food production systems in order to sustain a growing population and consumption, coupled with limited resources, sustainable ways of living are achieving significance in the contemporary world. Thailand, there is evidence that the Aquaculture industry is one of vital fisheries sectors and has also been encountered with unsustainable challenges. This study aims to share knowledge regarding practices for transitioning from traditional business model to sustainable business model (SBM) based on the design thinking process and sustainability. The paper highlights that the SBM, adapted from the Lean Business Model Canvas, and its contributions can be used to share and reflect new knowledge on the understanding of fish-cage aquaculture start-ups in Thailand or even become one of leading case studies to identify sustainable development pathways of aquaculture start-ups in Thailand.

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