Research and innovation challenges: 1) A sustainable governance regime. 2) Efficient value chains. 3) Sustainable governance and business models.
For new mesopelagic and lower trophic fisheries in the North-Atlantic, the knowledge about biology and biomass is insufficient for determining sustainable quotas and technical rules for harvesting. The knowledge basis for choosing efficient business models is therefore missing.
Although different models for vertical integration exists in Norwegian fisheries, the dominant business model constitute separate ownership to vessels and processing plants, as independent transaction partners of fish in the first-hand markets. This is, however, predicted to be inefficient if applied to new lower-trophic fisheries. Here, vessels with integrated catching and processing capabilities may represent the most relevant technical approach and the lowest transaction costs in a value-chain perspective.
RA-leader: Dr. Bent Dreyer (Nofima)