Sustainable European fishery and the Friend of the Sea scheme: tools to achieve sustainable development in the fishery sector

Antonino Galati, Lluís Miret Pastor, Maria Crescimanno, Rosa Giaimo and Marcella Giacomarra

International Journal of Globalisation and Small Business, 2015, vol. 7, issue 3/4, 247-265

Abstract: This paper investigates the role of the Friend of the Sea (FOS) scheme as a market tool for sustainable competitive advantage. To capture this effect, we apply a theoretical framework based on the stakeholder theory (SHT) and the natural-resource-based view (NRBV) to two case studies each in Italy and Spain. Our model allows us to explain the main factors determining an effective and competitive sustainable business model in the fishery sector. The results confirm the relevant influence of market forces in acquiring FOS certification and the role of the same as a counterpart to state authority.

Keywords: stakeholder theory; Friend of the Sea; FOS certification; natural RBV; resource-based view; NRBV; Europe; sustainable fisheries; sustainable development; sustainability; business models; market forces. (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijgsbu:v:7:y:2015:i:3/4:p:247-265

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