Table 1: Factors of selecting smart food packaging.

Factors Explanation Reference
1.Technological Aspect
Advancement Level of advancement of alternative technology for food packaging compared with existing technology [28, 29]
Reliability The ability of the technology to [30-34]
perform consistently under specified conditions.
Feasibility The possibility to adopt alternative packaging technology for use or develop existing technology with alternative technology until successful. [34-39]
Technology Risk The uncertainty or the possibility that an aspect cannot meet the requirements in the technology will be selected. [28, 29, 36, 40-42]
Raw Material Availability Difficulty or ease of procurement for R/M use for packaging production such as something found in local or imported goods [35-39, 41, 43]
2. Marketing and Business Competition -
Raw Material Availability -
Effect on existing market share Existing market share was greater when developing the alternative technology for food packaging [29, 38-40, 43, 44]
New market potential The opportunities for new market or new customer segments when the alternative technology is applied. [28, 29, 36, 39, 43]
Business risk Uncertain or likely to be unable to achieve sales volume or unable to acquire the required quantity at the required cost. [28, 29, 33, 40, 41]
Timing to market Duration of the alternative technology that will be transferred to meet market needs. [28, 29, 33, 40, 41]
3.Financial and Economical
The potential return on investment The potential return on investment in the alternative technology for food packaging. [29, 36, 41, 45]
Financial status Financial status such as the assets, liabilities, or liquidity that can be used to support the activity in developing the alternative technology [30, 38, 46, 47]
Initial Investment The cost of adjusting or establishing machinery, equipment, or the set-up process when starting the alternative technology for food packaging. [31, 34, 42, 45, 48]
Price of product The suitable price of the new packaging that customers are willing to pay. [44, 46-48]
Payback period Time to get a return on investment in terms of cash. Interview
4.Strategy, Social and Environment
Environmental Impact Environmental impact that may have been caused by the usage or development of the alternative technology such as the waste, resource consumption, etc. [30,33,34,38,39,42,43,
45-49]
Human heath Impact Human heath impact that may have been caused by the usage or development of the alternative technology [39, 45, 46]
Image / Reputation The image of the product derived from the alternative technology is appropriate and consistent with the needs or social situation. [37]
Interviewed
Regulatory Impact Regulatory impact that may have been caused by the usage or development of the alternative technology [33, 38-41, 45, 46]
Patentability The advancement or novelty of alternative technology that can be created for the patent for the organization. [40, 41, 49]