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Selected Works

Michael A Rice

Business

Promises of aquaculture

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Full-Text Articles in Life Sciences

The Shellfish Corner: The Promises Of Aquaculture And Caveat Emptor, Michael A. Rice Jul 2018

The Shellfish Corner: The Promises Of Aquaculture And Caveat Emptor, Michael A. Rice

Michael A Rice

For at least five decades in America there has been a fascination about aquaculture as a means to "feed the world" in a sustainable way. Periodic reporting by the popular press has generated excitement about the potential of aquaculture among the general public and often this excitement often leads to unrealistic expectations and engagement in unsound business decision making by the novices in the field. Aquaculture entrepreneurs and investors are urged to exercise good judgement by sticking with with fundamentally sound business planning while maintaining realistic business expectations.