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2022
Book Article
Title
Business model and cost performance of mini-plant factory in downtown
Abstract
Mini-plant factories with artificial lighting (mini-PFALs) have been creating many new, revolutionary opportunities for entrepreneurs in the private as well as public sectors to improve the quality of life in urban areas for a wide range of human life, encompassing various fields of life, such as foods, amusements, health, and environments. This chapter introduces the main applications and business models of mini-PFALs in Asia and Europe. In both regions alike, mini-PFALs are designed in various styles and added with a variety of different functions for use in restaurants, homes, supermarkets, public spaces, and urban communities. It is also demonstrated that the cost performance of commercial mini-PFAL business models is high enough to attract entrepreneurs, though it is quite sensitive to the price of outputs mini-PFALs produce, the acquisition cost of the mini-PFAL system, and the wage rate.
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