Title: Technological and economic dynamics of the world wine industry: an introduction

Authors: Keith Smith

Addresses: Australian Innovation Research Centre, University of Tasmania, Private Bag 108, Hobart, Tasmania 7005, Australia

Abstract: Wine has become a serious growth industry in a number of New World and developing countries. As a product, wine has been around for many millennia, but is nonetheless changing fast in technological and economic terms. This paper introduces trends in wine output and trade, in the dynamics of knowledge creation and wine technology, and in industrial organisation. The paper argues not only that this industry offers major opportunities for new entrants (including developing countries) but also that it exemplifies a case of a traditional industry that has been technologically upgraded into a high-growth activity.

Keywords: wine industry; wine technology; innovation; economic growth; wine output; wine trade; knowledge creation; industrial organisation; developing countries.

DOI: 10.1504/IJTG.2007.014329

International Journal of Technology and Globalisation, 2007 Vol.3 No.2/3, pp.127 - 137

Published online: 02 Jul 2007 *

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