Evolution of innovation and production supply chains: the case of microalgae-based β-carotene

Ruslana Rachel Palatnik; Michael A. Borowitzka; Gal Hochman; David Zilberman

doi:10.1093/erae/jbaf019

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Evolution of innovation and production supply chains: the case of microalgae-based β-carotene

Journal article

Open access

Peer reviewed

Evolution of innovation and production supply chains: the case of microalgae-based β-carotene

Ruslana Rachel Palatnik, Michael A. Borowitzka, Gal Hochman and David Zilberman

European review of agricultural economics, Vol.52(3), pp.591-616

2025

DOI: https://doi.org/10.1093/erae/jbaf019

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Abstract

Agricultural Economics & Policy

Agriculture

Business & Economics

Economics

Life Sciences & Biomedicine

Science & Technology

Social Sciences

Dunaliella

algae

Commercialisation

Industrial biotechnology

Establishing new bio-based sectors requires effective implementation of innovation and production supply chains, often competing with established synthetic technologies. Our analytical model conceptualizes the competition between an incumbent industry and a competitive fringe, each producing differentiated products. Although motivated by the beta-carotene case, the model is versatile and applicable to other contexts involving novel products entering markets dominated by established technologies. Developed by university researchers and commercialized by start-ups, natural beta-carotene was eventually integrated into major synthetic corporations. Initially niche and costly, it gained market competitiveness through innovation and expanded applications, driving technological advancements and significantly benefiting the broader algae-based industry.

Details

Title: Evolution of innovation and production supply chains: the case of microalgae-based β-carotene
Authors/Creators: Ruslana Rachel Palatnik (Author) - The Max Stern Yezreel Valley College
Michael A. Borowitzka (Author) - Murdoch University
Gal Hochman (Author) - University of Illinois Urbana-Champaign
David Zilberman (Author) - University of California, Berkeley
Publication Details: European review of agricultural economics, Vol.52(3), pp.591-616
Publisher: Oxford University Press on behalf of the Foundation for the European Review of Agricultural Economics.
Number of pages: 26
Identifiers: 991005794759407891
Murdoch Affiliation: Murdoch University
Language: English
Resource Type: Journal article

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Collaboration types: Domestic collaboration; International collaboration
Citation topics: 3 Agriculture, Environment & Ecology; 3.87 Paper & Wood Materials Science; 3.87.2131 Bioenergy
Web Of Science research areas: Agricultural Economics & Policy; Economics
ESI research areas: Economics & Business