The Israeli Journal of Aquaculture Bamidgeh 56(2), 2004, 148-153.

ECONOMIC EVALUATION OF MULTIPLE RESEARCH INNOVATIONS ON AN EEL FARM

Gregory Yom Din1*, Zinaida Zugman1 and Gad Degani1,2

1 Golan Research Institute, Haifa University, P.O.B. 97, Katzrin 12900, Israel

2 Tel Hai College, School of Science and Technology, Kiryat Shmona 10200, Israel



(Received 19.6.03, Accepted 27.2.04)


Key words: economic evaluation, model, multiple research lines


Abstract


An approach for evaluating multiple innovations of an aquaculture farm is proposed, based on a model of induced innovations, supplemented with a bio-economic table for the calculation of production function. Data gathered from a model eel farm were used as an example. The proposed approach enables evaluating each innovation to determine which is the most profitable.

* Corresponding author. e-mail: rres102@research.haifa.ac.il
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