AN OPEN INNOVATION AND ITS ROLE IN GLOBAL FISH AND SEAFOOD VALUE CHAINS: BEYOND THE CONVENTIONAL WISDOM

Abstract

Fish and seafood is one of the fastest growing segments in the food market. Value chain management aims at linking, assisting and guiding different actors along the value chain, such as fishermen (producers), processors and retailers up to the final consumer, to capture the best value at all stages of production, processing, marketing and consumption while at the same time observing a sustainable use of fishery resources. Open innovation depends on the external environment and bring ideas and solutions into the company. The current research aims at highlighting the relevance of open innovation for global fishery value chains, especially possibilities for value chain actors to participate in innovation processes and explore possible co-innovation avenues. The present study identifies potential open innovation avenues.