Introduction Chapter 1. Creation of a New Industry: Genesis of the Chilean Salmon Industry -- Chapter 2. Takeoff of a New Industry: Establishment and Early Development Phases of Chilean Salmon Farming -- Chapter 3. Increasing Industrial Scale and Complexity: Formation of a Chilean Salmon Cluster and Value Chains Under Globalization -- Chapter 4. Environmental Collapse and Institutional Restructuring: A Sanitary Crisis in the Chilean Salmon Industry -- Chapter 5. Transformation of Institutions: Crisis and Change in Institutions for the Chilean Salmon Industry -- Chapter 6. The Future of Natural Resource Activities: A Lesson from the Chilean Salmon Industry -- Chapter 7. Conclusion and Policy Implications.

This book is the first to analyze Chile’s salmon farming industry in discussing industrial development in terms of the management of public goods. The book highlights important aspects of learning and capacity development, environmental sustainability, institutions, and social welfare or inclusiveness. With aquaculture now providing almost half the global fish harvest, Chile’s salmon farming and processing industry stands out as a leader in the new “blue revolution”. Taking a holistic, historic approach to understanding the evolutionary development of the industry, the authors employ this strategy in the belief that policy discussions of economic activities have become highly segmented and often provide only a partial picture. Such segmentation is problematic for policy studies based on a complex web of interactions among numerous agents. The present volume untangles this web by considering the development of the Chilean salmon industry not only in holistic and historic terms but also from a socioeconomic point of view. The valuable book offers insightful lessons that can be applied to other natural resource-based sectors facing similar challenges in the course of development.