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

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  • Julio Elías
  • Gustavo Ferro
  • Álvaro García

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.

Suggested Citation

  • Julio Elías & Gustavo Ferro & Álvaro García, 2019. "A Quest for Quality: Creativity and Innovation in the Wine Industry of Argentina," Asociación Argentina de Economía Política: Working Papers 4135, Asociación Argentina de Economía Política.
    • Handle: RePEc:aep:anales:4135
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    References listed on IDEAS

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    Cited by:

    1. Julio Elías & Gustavo Ferro & Álvaro García, 2019. "Evolución Reciente del Mercado Mundial de Vinos y el desempeño de Argentina," CEMA Working Papers: Serie Documentos de Trabajo. 701, Universidad del CEMA.

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    Keywords

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    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness

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