Developing a stakeholder analysis to aid bio-based product innovation

Purpose – The results which that study seeks to report are the first part of a larger research programme funded by the New Zealand Foundation for Research, Science & Technology (FRST) aimed at gaining a better understanding of stakeholder perceptions in relation to bio-based products.

Design/methodology/approach – Utilising three chemically modified wood products, data were collected from focus groups and questionnaires and centred primarily on perceptions surrounding the acceptability of building materials that have been bio-modified. Irrespective of the type of chemical modification, family health and durability were the most important factors identified.

Findings – The study finds that product cost rated lower in the 16 factors evaluated, and energy used in production was of little concern. When comparing the three products to one another, two distinct groups with quite differing purchasing philosophies were identified and these perspectives significantly influenced perceptions of product acceptability and willingness to purchase. Utilising a paired comparison technique, an investigation of trade-offs indicated preference for performance over cost and product familiarity. Similarly, low chemical emissions were also preferred over cost considerations. Among the findings, there was scepticism regarding trust in manufacturers to adequately safeguard health and safety and to have a minimum impact on the environment. Low levels of trust were expressed in regard to manufacturers' concern for future generations.

Originality/value – The paper develops an investigative framework which could be applied to the evaluation of products arising from bio-material technology innovation and recommendations for future research directions.

The exact distribution of the maximum, minimum and the range of multinomial/dirichlet and multivariate hypergeometric frequencies

The exact distribution of the maximum and minimum frequencies of Multinomial/Dirichlet and Multivariate Hypergeometric distributions of n balls in m urns is compactly represented as a product of stochastic matrices. This representation does not require equal urn probabilities, is invariant to urn order, and permits rapid calculation of exact probabilities. The exact distribution of the range is also obtained. These algorithms satisfy a long-standing need for routines to compute exact Multinomial/Dirichlet and Multivariate Hypergeometric maximum, minimum, and range probabilities in statistical computation libraries and software packages.

Bioprospecting and discovery of novel micoralgal isolates with multiple product potential.

Bio prospecting of microalgal resources from diverse ecologically distinctive locations and better understanding of the physiological conditions of diverse habitats will enable us to better exploit these organisms for the production of lipid and carotenoids.The potential for coproduction of lipid and carotenoids, that may be benefical to human health have gained interest in recent decades. Methods for co-production and separating higher value compounds such as carotenoids and lipids can offset the cost of algal biofuel production, making this source more commercially viable.