Property Rights in New Zealand Abalone Fisheries Case Solution

Overnight, an excellent diver could catch 500 kilograms of abalone at the time. With the cost averaging NZ$0.50 per kilogram, a day's work returned about NZ$250. Over time, that in 1983, Beattie was per annum taking home around NZ$45,000. abalone costs slowly increased to NZ$1 per kilogram Convinced that there was more money to be made in the fishery Beattie started studying marketplace trends, other fisheries, and processing options.Subsequently, in 1986, the rules of the game transformed. Did the commons rule. The well-being of the abalone fishery enhanced and helped Roger Beattie move to a successful entrepreneur from a small time owner/operator. He started seeking out opportunities to enhance the local surroundings and his bottom line.

This is just an excerpt. This case is about   INNOVATION & ENTREPRENEURSHIP

PUBLICATION DATE: May 01, 2001 PRODUCT #: P28-HCB-ENG

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