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Minnesota Sea Grant Seminar Series: Building an Aquaculture Industry: A Perspective on Critical Components

Photo: Laponia. Courtesy of Kathryn A. Martin Library, UMD

March 12, 2018
2:00 p.m. - 3:00 p.m.
Chester Park Building, Room 102
University of Minnesota Duluth
31 West College Street
Duluth, MN 55812

Presentation by Kenneth J. Semmens, assistant professor in aquaculture, College of Agriculture, Food Science and Sustainable Systems, Kentucky State University.

Semmen's presentation will feature a broad perspective of aquaculture development and highlight the perceived strength of various industry components to encourage discussion of aquaculture development in the United States.

Building an aquaculture industry is not a one-dimensional problem or simply a matter of increasing production. Aquaculture research often focuses on the biological or technical dimension – reproduction, nutrition, genetics, disease, system design, etc. While these are important issues, they may not be the critical issues that will help the aquaculture industry develop. There are critical components that must be satisfied simultaneously in order for individuals or organizations to succeed and collectively contribute to growth of an industry. For the aquaculture industry they include:

  • Enterprises with profit potential and matching markets.
  • Policy/Regulatory framework that accommodates needs of the enterprise.
  • Knowledge, the ability to generate the knowledge needed to conduct enterprises, and the ability to transfer knowledge to those who will use it.
  • Skilled entrepreneurs with access to resources and a willingness to accept the level of risk.
  • Political and social awareness and support for aquaculture development.

Individual businesses may be limited in different ways by different components. Each weak component provides a measure of resistance against which the entrepreneur must struggle. The greater the resistance, the greater the deterrent to engage in the enterprise and reduction in potential for a successful outcome. It is federal policy, and in some cases, state policy to encourage development of aquaculture. For this to happen, each component must do its part with the expectation that building an aquaculture industry will require a sustained commitment.

This page last modified on March 06, 2018     © 1996 – 2019 Regents of the University of Minnesota     The University of Minnesota is an equal opportunity educator and employer.
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