When I was little, I really wanted pet tigers, however, money and means stopped this dream from becoming reality. Now the Indonesian government is allowing people to adopt pet tigers, actually, the very rare Sumatran tiger for $107,000.
So, if you want to start your own colony, zoo, or you want to become the next Siegfried and Roy, you can! There are only 400 Sumatran tigers left in the wild. The government is hoping that by encouraging the rich to adopt pet tigers, protection for these felines will increase. The pet tigers will remain the property of the state and should you become bored with, or bitten by, your tiger, it can be returned to the state.
Endangered Pets
The Rare Sumatran Tiger Can Replace Man's Best Friend
Trend Themes
1. Adopting Rare Animals - The trend of allowing people to adopt rare and endangered animals presents a disruptive innovation opportunity for the pet industry to cater to high-end customers.
2. Conservation Through Rich Customers - The trend of encouraging the wealthy to adopt endangered animals can lead to disruptive innovation opportunities in the conservation industry by combining conservation efforts with luxury experiences.
3. Government-led Pet Adoption Programs - The trend of governments implementing pet adoption programs for endangered animals creates a disruptive innovation opportunity for the public sector to contribute to wildlife conservation.
Industry Implications
1. Pet Industry - The pet industry can seize the opportunity to cater to affluent customers interested in adopting rare animals by offering specialized care, services, and products.
2. Conservation Industry - The conservation industry can explore disruptive innovation possibilities by developing luxury conservation experiences and initiatives targeted towards wealthy individuals who adopt endangered animals.
3. Public Sector - The public sector can embrace disruptive innovation in wildlife conservation by implementing government-led pet adoption programs and investing in conservation efforts for endangered species.