Striving for sustainable value chain establishment: a multiple feasibility analysis approach
M. I. Herman and
Minh Thi Thai
Papers published in Journals (Open Access), 2021, 11(4):379-395.
Abstract:
Purpose – Over the last decade, value chain for development has shown its bias towards global value chain approaches. This article proposes a holistic framework to carry out feasibility analysis for the establishment of a value chain. Design/methodology/approach – A qualitative research approach was used to collect and analyse data from a wide range of stakeholders potentially involved in establishment of a global cut-foliage value chain based on wild harvesting of ornamental ferns in New Caledonia. Findings – Multiple feasibility analyses revealed issues that need to be addressed, priorities for different stakeholders and possible ways forward in the establishment of a value chain. Research limitations/implications – The framework supports businesses, entrepreneurs, investors, donors and governments in proceeding with value chain establishment with significant consideration of social, economic and environmental drivers for sustainability. Originality/value – Relevant concepts in several fields are integrated into a single framework that can guide feasibility analysis of value chain establishment.
Keywords: Value chains; Sustainability; Feasibility studies; Ornamental plants; Ferns; Cut foliage; Production factors; Markets; Environmental impact; Sociocultural environment; Economic aspects; Stakeholders; Exports; Horticulture; Case studies (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:iwt:jounls:h049872
DOI: 10.1108/JADEE-01-2020-0002
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