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Wine and economic development: technological and corporate change in the Australian wine industry


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Smith, KH and Marsh, I (2007) Wine and economic development: technological and corporate change in the Australian wine industry. International Journal of Technology and Globalisation, 3 (2-3). pp. 224-245. ISSN 1741-8194

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The technological upgrading of existing industries is a key source of growth. An example is the Australian wine sector, which has exhibited sustained growth in its firms, output and trade. Growth rests on two technological advances - mechanisation of pruning and harvesting, and new grape varieties. Upgrading required a shared strategic vision, a
significant support infrastructure of research institutions, new tertiary educational institutions, a network of consultants and suppliers, and a knowledge-promoting tax regime. However the industry failed to build global marketing and distribution, and the creation of a successful innovation system has not been matched by domestic corporate success.

Item Type: Article
Keywords: economic development; innovation; technological change; wine industry
Journal or Publication Title: International Journal of Technology and Globalisation
Page Range: pp. 224-245
ISSN: 1741-8194
Identification Number - DOI: 10.1504/IJTG.2007.014334
Date Deposited: 23 Jul 2007
Last Modified: 18 Nov 2014 03:19
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