Markets and Prices

Innovation in the Chilean Wine Industry: The Impact of Foreign Direct Investments and Entrepreneurship on Competitiveness

Abstract:

In this paper, we present the evolutionary path occurred in the Chilean Wine industry generated by learning-by-imitation processes occurred after foreign direct investments improved few existing firms as well as created new firms. This process of learning-by-imitation was fostered by the development of knowledge networks and the arrival of highly qualified entrepreneurs.

See PDF of the paper here: Innovation in the Chilean Wine Industry: The Impact of Foreign Direct Investments and Entrepreneurship on Competitiveness. Martin Kunc and Tomas G. Bas (2009).  AAWE working paper number 46.