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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, vol. 3, no. 2-3 , pp. 224-245 , doi: https://doi.org/10.1504/IJTG.2007.014334.

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Abstract

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
Authors/Creators:Smith, KH and Marsh, I
Keywords: economic development; innovation; technological change; wine industry
Journal or Publication Title: International Journal of Technology and Globalisation
ISSN: 1741-8194
DOI / ID Number: https://doi.org/10.1504/IJTG.2007.014334
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