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The control of invasive species in crops with low tolerance are seen as a public good. This makes it a collective responsibility led by government. This is done directly through public expenditure on control measures or indirectly through incentives to people whose actions may be a contributing factor to the problem. The risks associated with invasive species have been increasing especially with globalization but are changing in nature thus warranting novel strategies for their management.
The burgeoning of small gourmet chocolate boutiques worldwide serves as a key driver for niche and ultra-niche marketing of cocoa (Theobroma cacao L.), branded as (a) geographical indication (b) estate origin or (c) based on unique genetics. Over 90% of the cacao farms globally, are small with an average size between 2 and 5 hectares and can benefit from supplying to the gourmet boutiques.
The FORECAST Grand Innovation Challenge 2022 (GIC) is to develop a feasible innovation (prototype/product/concept) that will revolutionize the management, protection, and use of water resources in the Caribbean.
Economic development theorists ((Schumpter 1942), (Romer, 1994), (Solow, 1956)) have established the theoretical constructs of scientific and technological developments as foundations to innovative solutions in the form of products, processes and services to long-term socio-economic development and prosperity to high-end economies around the world. It is through the pervasiveness of these innovations within markets which then spurs a sustainable social transformation and long term economic growth within nations.
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