Sharing knowledge on the sustainable business model: An aquaculture start-up case in Thailand

Given the growing population and consumption, coupled with limited resources, sustainable ways of living are gaining importance in the modern world. This study aims to share knowledge regarding practices for transitioning from traditional business model (TBM) to sustainable business model (SBM) base...

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Autores principales: Montiean Pornparnomchai, Kittichai Rajchamaha
Formato: article
Lenguaje:EN
Publicado: Taylor & Francis Group 2021
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Acceso en línea:https://doaj.org/article/d1b044d5131640c9a80b56279f72cffa
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spelling oai:doaj.org-article:d1b044d5131640c9a80b56279f72cffa2021-12-02T14:41:56ZSharing knowledge on the sustainable business model: An aquaculture start-up case in Thailand2331-197510.1080/23311975.2021.1924932https://doaj.org/article/d1b044d5131640c9a80b56279f72cffa2021-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2021.1924932https://doaj.org/toc/2331-1975Given the growing population and consumption, coupled with limited resources, sustainable ways of living are gaining importance in the modern world. This study aims to share knowledge regarding practices for transitioning from traditional business model (TBM) to sustainable business model (SBM) based on design thinking process and sustainability. An early-stage fish-cage aquaculture start-up (FCAS) in Thailand is used as our case study. The study adopts the descriptive qualitative case study approach. Design thinking, sustainability, and lean business model canvas (LBMC) are used as well. Data are collected from 15 participants including customers and stakeholders, using semi-structured interviews, field interviews, focus group discussions, and pilot testing. Direct content method is used to analyse data at the firm-level. Data triangulation helped improve completeness of findings. The results highlight that SBM, adapted from the LBMC, and its contributions can be used to share and reflect new knowledge on understanding of FCASs in Thailand.Montiean PornparnomchaiKittichai RajchamahaTaylor & Francis Grouparticlebusiness modelsustainabilityaquaculture start-upentrepreneurshipdesign thinkingBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 8, Iss 1 (2021)
institution DOAJ
collection DOAJ
language EN
topic business model
sustainability
aquaculture start-up
entrepreneurship
design thinking
Business
HF5001-6182
Management. Industrial management
HD28-70
spellingShingle business model
sustainability
aquaculture start-up
entrepreneurship
design thinking
Business
HF5001-6182
Management. Industrial management
HD28-70
Montiean Pornparnomchai
Kittichai Rajchamaha
Sharing knowledge on the sustainable business model: An aquaculture start-up case in Thailand
description Given the growing population and consumption, coupled with limited resources, sustainable ways of living are gaining importance in the modern world. This study aims to share knowledge regarding practices for transitioning from traditional business model (TBM) to sustainable business model (SBM) based on design thinking process and sustainability. An early-stage fish-cage aquaculture start-up (FCAS) in Thailand is used as our case study. The study adopts the descriptive qualitative case study approach. Design thinking, sustainability, and lean business model canvas (LBMC) are used as well. Data are collected from 15 participants including customers and stakeholders, using semi-structured interviews, field interviews, focus group discussions, and pilot testing. Direct content method is used to analyse data at the firm-level. Data triangulation helped improve completeness of findings. The results highlight that SBM, adapted from the LBMC, and its contributions can be used to share and reflect new knowledge on understanding of FCASs in Thailand.
format article
author Montiean Pornparnomchai
Kittichai Rajchamaha
author_facet Montiean Pornparnomchai
Kittichai Rajchamaha
author_sort Montiean Pornparnomchai
title Sharing knowledge on the sustainable business model: An aquaculture start-up case in Thailand
title_short Sharing knowledge on the sustainable business model: An aquaculture start-up case in Thailand
title_full Sharing knowledge on the sustainable business model: An aquaculture start-up case in Thailand
title_fullStr Sharing knowledge on the sustainable business model: An aquaculture start-up case in Thailand
title_full_unstemmed Sharing knowledge on the sustainable business model: An aquaculture start-up case in Thailand
title_sort sharing knowledge on the sustainable business model: an aquaculture start-up case in thailand
publisher Taylor & Francis Group
publishDate 2021
url https://doaj.org/article/d1b044d5131640c9a80b56279f72cffa
work_keys_str_mv AT montieanpornparnomchai sharingknowledgeonthesustainablebusinessmodelanaquaculturestartupcaseinthailand
AT kittichairajchamaha sharingknowledgeonthesustainablebusinessmodelanaquaculturestartupcaseinthailand
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