AAWE, Economics Dept, New York University, 19 W 4th St, 6Fl., New York NY 10012aawe@wine-economics.org

AAWE Working Paper No. 46 – Business

 

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

Martin Kunc and Tomas G. Bas

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.

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