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Innovators and Innovations in High Quality Wines of Argentina

Author

Listed:
  • Julio Elías
  • Gustavo Ferro

Abstract

How does the process of applying knowledge to the economy work? How do people innovate? What is inside the innovation black box? Can the process be stylized? We apply an economic approach to creativity which provides a general analytical framework to innovation to answer these questions by distinguishing two types of innovations: conceptual and experimental. The development of quality wines which in Argentina began in the 1990s was a process that involves both types of innovations. We analyze two cases of successful winemakers and we characterize their process of innovations to derive lessons with potential managerial and public policy implications. Resumen: ¿Cómo funciona el proceso de aplicar conocimiento a la economía? ¿Cómo innova la gente? ¿Qué hay dentro de la caja negra de la innovación? ¿Cómo puede estilizarse el proceso? Aplicamos un enfoque económico de la creatividad que provee un marco analítico generalpara responder estas preguntas, distinguiendo dos tipos de innovaciones: conceptuales y experimentales. El desarrollo de los vinos de alta calidad en Argentina comenzó en los 1990s y fue un proceso que tuvo ambos tipos de innovaciones. Analizamos dos casos de bodegueros exitosos y caracterizamos sus procesos de innovación para derivar lecciones con potenciales implicaciones gerenciales y de política pública.

Suggested Citation

  • Julio Elías & Gustavo Ferro, 2018. "Innovators and Innovations in High Quality Wines of Argentina," CEMA Working Papers: Serie Documentos de Trabajo. 651, Universidad del CEMA.
    • Handle: RePEc:cem:doctra:651
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    References listed on IDEAS

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    1. Lima, Tony & Schroder, Norma, 2009. "Jonathan Nossiter (Director): Mondovino, Screenplay by Jonathan Nossiter, Velocity/Thinkfilm, 2004, 135 minutes," Journal of Wine Economics, Cambridge University Press, vol. 4(1), pages 119-121, April.
    2. R. Javier Bustos S. & Julio Peña Torres & Manuel Willington, 2007. "Propiedad Extranjera y Especialización Productiva en la Industria del Vino en Chile," ILADES-UAH Working Papers inv184, Universidad Alberto Hurtado/School of Economics and Business.
    3. Robert E. Lucas Jr. & Benjamin Moll, 2014. "Knowledge Growth and the Allocation of Time," Journal of Political Economy, University of Chicago Press, vol. 122(1), pages 1-51.
    4. Artopoulos, Alejandro & Friel, Daniel & Hallak, Juan Carlos, 2013. "Export emergence of differentiated goods from developing countries: Export pioneers and business practices in Argentina," Journal of Development Economics, Elsevier, vol. 105(C), pages 19-35.
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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.
    2. 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.

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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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