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A Quest for Quality: Creativity and Innovation in the Wine Industry of Argentina

Julio Elías, Gustavo Ferro and Álvaro García

No 4135, Working Papers from Asociación Argentina de Economía Política

Abstract: We study innovation and knowledge generation in the quality wine industry in Argentina. The approach followed provides a useful framework to understand innovation at the market and the individual innovator level. We show that the wine quality revolution in Argentina was driven by economic incentives. Wine producers seek for quality as a differentiation mechanism that allows them to appropriate, at least partially, of the return to innovation. We also show that the quality wine revolution of Argentina, involved a series of experimental and rapid conceptual innovations. All the former produced a radical change in the wine industry of Argentina.

Keywords: Innovation; Wine industry; Argentina (search for similar items in EconPapers)
JEL-codes: O31 Q13 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2019-11
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