Industrial economics and strategic management
Nofima surveys and analyses companies and industries within fisheries and aquaculture to be able to explain the development of profitability, production and structure. The knowledge gained helps both the industry and authorities to make strategically wise choices.
- Analysis of industrial economics
- Development of industrial strategies
- Value chain analysis
- Consultancy within the profitability of various production concepts
- Consultancy within strategy selection and criteria for success
- Consultancy within how authorities can develop regulations such that companies and industries can achieve higher profitability and improve their competitive position
- Evaluation of policy instruments
- Consultancy within coastal zone management
- Consultancy within market-based harvesting of wild stocks
- Analysis of fishery tourism
- Development of traceability systems
- Environmental accounting.
During the course of many years, we have developed a unique database of financial statements from companies in the seafood sector. These figures form the basis for analysis and the development of economic models to explain how the industries in this sector develop.
The knowledge gained is an important platform applied by companies, industries and authorities when choosing strategies to increase profitability and competitiveness.
Management and creating value
The fishery industry is based on harvesting and adding value to wild marine resources, and strict regulations limit the amount of fish that can be taken from the various fish populations each year. Nofima has unique expertise in analysing how various harvesting strategies affect not only the quality of the raw material, but also the adding of value. This expertise is often used by authorities, among other uses, to adapt quotas to market preferences, such that the value of scarce resources can be increased. We have evaluated several regulatory regimes for the harvesting and processing of seafood based on wild fish resources..
Increasing numbers of industries, including the traditional fisheries industry, aquaculture and the tourism industry, are competing for access to the coastal zone. We are developing knowledge into how these natural resources should be managed in a sustainable manner, while at the same time forming the basis for industries with international competitiveness.
Criteria for success
Companies must make strategic choices dynamically, since both the companies and the conditions in which they work are constantly changing. Our scientists study how the ability of companies to adapt to changing surroundings affects their economic and competitive positions. This is both important and demanding, and we have for this reason given priority to gaining knowledge about how companies use and develop flexibility in various contexts. The knowledge we have gained has enabled us to develop various industrial strategies in the seafood sector.
Food production sensitive to the environment
Producing food requires large amounts of energy. We are working to obtain knowledge about the factors that influence energy consumption and the emission of greenhouse gases during food production. In particular, we are investigating how the choice of technology and strategies for harvesting and production affect the energy consumption and environmental impact. This knowledge is used in management and to support strategic commercial decisions that can lead to more environmentally friendly food production.