Abstract:
Shrimp export is the second most valuable export of fish and fishery products of Sri
Lanka and it was 8olo of during 2013. Among many commercial aquaculture initiatives
so far, shrimp (Penaeus monodon) farming has been the most lucrative, but the
business is subject to high risk and uncertainties since it started in the mid-l980s. In
Sri Lanka Shrimp farming is one of the most important sector, because of its provides
more employment and contribution of exports. The aim of this study is to identify, the
factors (location, financial support, disease management, technology, and marketing)
influence on Shrimp farming entrepreneurship business success in Batticaloa district.
Production of Shrimp farming has been observed as the Success of Shrimp farming.
The primary data were gathered from 65 Shrimp farmers based on stratified
population sampling method through self-reported questionnaires and five-point
Likert scale was assigned to measure the variables. The collected data were analyzed
by using univariate, bivariate technique in a computer based Statistical package for
the Social Science 22.0 version software and analyzed using descriptive statistics,
correlation and regression analysis in order to find the results of study objectives.
Five hypotheses were developed and tested. The results indicated that the factors
influence on the success of the Shrimp farming. All the factors have high influence on
success of Shrimp farming. Correlation analysis shows that there is a strong positive
relationship between location, financial support, technology, and marketing while
disease management has a moderate positive relationship with success of shrimp
farming. All the factors are significantly and positively affects the success of Shrimp
farming.
These findings indicate shrimp farmers need to consider the factors that influencing on
the shrimp farming for the success of shrimp farming
