Report on investment theory, its application in fisheries and the lessons on key factors influencing the investment behaviour

Type Scientific report
Date 2017-11
Language English
Ref. BENTHIS Deliverable 5.4
Other localization https://www.benthis.eu/upload_mm/5/2/c/72824897-842a-4341-905f-f8f6e8ee92b3_D5.4%20Report%20on%20investment%20theory%2020171106%20PUBLIC.pdf
Author(s) Hamon Katell1, De Vos Birgit1, Verlé Katrien2, Kinds Arne2, Bonanomi Sara3, Ferraris Matteo3, Falavigna Greta3, Notti Emilio3, Pagliarino Elena3, Pronti Andrea3, Sala Antonello3, Zoboli Roberto3, Guyader Olivier4, Macher ClaireORCID4, Zengin Mustafa5, Uzmanoglu M.Selcuk5, Eigaard Ole Ritzau6, Nielsen J. Rasmus6, Jensen Frank7, Elleby Christian7
Affiliation(s) 1 : Wageningen Economic Research,Netherlands
2 : ILVO ,Belgium
3 : CNR,Italy
4 : IFREMER,France
5 : CFRI, Turkey
6 : DTU Aqua, Denmark
7 : IFRO,Denmark
Publisher IMARES
Abstract

In this deliverable we investigated the drivers of investment in fisheries and how those can be activated to stimulate investment in alternative technologies to protect the benthos. To capture a wider range of factors than quantitative factors only we modified the work plan and included interviews with fishing industries in all regions. As a result we identified a wide range of reasons why fishers have (or have not) invested in alternative gears. As expected, the profitability of alternative technology is an important factor to invest but we also found many others. Those drivers were classified as economic, technical, regulatory, social, governance and environmental drivers. As advice to managers we also identified where and how interventions could improve uptake of technology.

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Hamon Katell, De Vos Birgit, Verlé Katrien, Kinds Arne, Bonanomi Sara, Ferraris Matteo, Falavigna Greta, Notti Emilio, Pagliarino Elena, Pronti Andrea, Sala Antonello, Zoboli Roberto, Guyader Olivier, Macher Claire, Zengin Mustafa, Uzmanoglu M.Selcuk, Eigaard Ole Ritzau, Nielsen J. Rasmus, Jensen Frank, Elleby Christian (2017). Report on investment theory, its application in fisheries and the lessons on key factors influencing the investment behaviour. BENTHIS Deliverable 5.4. https://archimer.ifremer.fr/doc/00425/53646/