Innovation and entrepreneurship
How to enter the oyster aquaculture business?
Think about which role you want to play in the oyster production line...
Do you want to be a oyster farmer? Distributor? Seller? Researcher?
What service could you provide?
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What is needed in the industry?
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Innovation is always key to success
How to start a business after you have ideas?
1. Get funding from competitions, government funding schemes
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2. Understand your advantages, disadvantages, and resources available, such as research knowledge, laboratory and technology, marketing and business knowledge, available land and infrastructure, and human resources
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3. Open a company and start making your ideas come true!
Innovations for small scale oyster industries
1. Depuration
- Cleans the oysters and increases meat quality, increase price of oysters sold
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2. Hatchery
- Provides oyster seeds free from pollution, fast growing, and resistant to winter mortality
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3. Harvesting and packaging industry
- Provides fresh oysters visually appealing ready to be sold to the market
Innovations for marketing and business
1. Best management procedure protocol and ecolabelling
- Provides food safety and quality certificates for oysters, gain trust from consumers
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2. Inventing and promoting new methods for oyster eating
- Raises price of oysters or generates higher income
Research based innovations
1. Selective breeding, incorporating machine learning and big data
- Provides oysters favoured by consumers at low cost and high price
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2. Triploid larvae industry
- Provides oyster seeds that invest more in growth rather than reproduction
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3. Sustainable aquaculture
- Incorporating ecological knowledge and technology, increasing cost-effectiveness