CoLabS: A collaborative space for transdisciplinary work in sustainable community development

Reflecting on COVID-19 for integrated perspectives on local and regional food systems vulnerabilities

The COVID-19 pandemic has highlighted multiple vulnerabilities and issues around local and regional food systems, presenting valuable opportunities to reflect on these issues and lessons on how to increase local/regional resilience. Using the Fraser Valley Regional District (FVRD) in Canada as a case study, this research employs integrated planning perspectives, incorporating comprehensive-systems, regional, place-based, and temporal considerations, to (1) reflect upon the challenges and vulnerabilities that COVID-19 has revealed about local and regional food systems, and (2) examine what these reflections and insights illustrate with respect to the needs for and gaps in local/regional resilience against future exogenous shocks. The study used a community-based participatory approach to engage local and regional government, stakeholders, and community members living and working in the FVRD. Methods consisted of a series of online workshops, where participants identified impacts related to the food production, processing, distribution, access, and/or governance response components of the local and regional food systems and whether these impacts were short-term (under 3 months), medium-term (3 to 12 months), or long-term (over 1 year) in nature. Findings from the study revealed that food systems and their vulnerabilities are complex, including changes in food access and preparation behaviours, lack of flexibility in institutional policies for making use of local food supply, cascading effects due to stresses on social and public sector services, and inequities with respect to both food security impacts and strategies/services for addressing these impacts. Outcomes from this research demonstrate how including comprehensive-systems, regional, place-based, and temporal considerations in studies on food systems vulnerabilities can generate useful insights for local and regional resiliency planning.

Towards a 'wide' role for venture capital in OECD countries' industry 4.0

This paper focuses on the current theoretical views of venture capital that predetermines a "narrow" treatment. In the light of the existing "narrow" treatment, venture investors seek private commercial interests in financial support for Industry 4.0, ignoring other interests that fall beyond the limits of the current "narrow" treatment of venture capital. A "wide" treatment of venture capital 4.0 proposed in this paper allows for improving venture investors' market strategies. Implementing this treatment, they will strive for providing a whole range of advantages for society. Due to this novel approach, venture capital 4.0 might become a tool of corporate social responsibility. To substantiate this novel approach, this paper considers data for 2020 that reflect the influence of venture capital 4.0 on the economy in the period of its stability for 33 countries of the OECD, including developed and developing countries. Econometric modelling based on the official statistics data proves that Industry 4.0 venture capital will help achieve such growth goals as innovative development, global competitiveness, and increasing digital competitiveness. The limitations of this research are due to the impossibility of achieving such goals as sustainable development, economic growth, and implementation of human potential; what's more, the specifics of developing countries have not been studied sufficiently. The conclusions are oriented mainly at developed countries and could merely partially be applied to developing countries. During further research, it is expedient to explore - more thoroughly - the experience of the influence of Industry 4.0 venture capital on emerging economies.