Open AccessEconomic efficiency of conversion of classical fish farm in organic by use of wastes fish in Green Houses
Author(s) -
CATALIN COSTIN ONIGA,
DORINA MOCUTA,
Stelica Cristea,
Ştefana Jurcoane
Publication year - 2020
Publication title -
romanian biotechnological letters
Language(s) - English
Resource type - Journals
eISSN - 2248-3942
pISSN - 1224-5984
DOI - 10.25083/rbl/25.6/2174.2179
Subject(s) - aquaponics , aquaculture , natural resource economics , investment (military) , business , quality (philosophy) , sustainability , productivity , environmental economics , value (mathematics) , tourism , population , environmental resource management , agricultural economics , economics , fish <actinopterygii> , economic growth , fishery , geography , ecology , computer science , philosophy , demography , epistemology , machine learning , politics , sociology , law , political science , biology , archaeology
The scientific approach of the following paper refers to an integrated system between aquaculture and hydroponics called aquaponics, a sustainable technology of producing food and diminishing waste. Implementing an aquaponic system would be a response to the drastic global changes such as climate imbalance, soil degradation, water shortage, population growth and so on. Building a system of this kind should be highly related to its economic perspective. There is scarce research regarding the economic expectation and too irrelevant to conclude a point of view. A good example of a similar practice has been applied to Cornell University (US-Professor Michael Timmons). Engineering input and perspective on responsible aquaculture development with an emphasis on business management and formation were provided to us. Considering this, we find it very challenging and we are determined to test the application of an aquaponic system in the hospitality business sector. The advantages of this application are: fresh fish and quality greens, small production surface, controlled environment, sufficient income to sustain a family and tourism development in Danube regions. The investment, overall performance and economic return are management dependent. A real risk evaluation process could improve the system added value.