Authors: Abel Duarte Alonso
Addresses: School of Business and Law, Edith Cowan University, 270 Joondalup Dr., Joondalup, 6027 WA, Australia; Liverpool Business School, Liverpool John Moores University, Redmonds Building, No. 317, Brownlow Hill, Liverpool, L3 5UG, UK
Abstract: While academic research emphasises the importance of innovation for many firms' long-term sustainability, some authors indicate that the literature primarily focuses on large companies, overlooking small and medium-sized enterprises (SMEs). This study contributes to narrowing the knowledge gap on innovation in this domain, examining the case of Uruguay's Carrau Wines, a global family business. Data were collected since 2011 through interviews and email communication with the firm's owners, and the director of Wines of Uruguay. Content analysis identified that, fundamentally owners' leadership in diversifying and in investing on equipment and technology are driving innovation processes. These findings align with key variables and dimensions of the theory of innovation, particularly benefit-cost and resources. Entrepreneurial orientation emerged through the firm's strong focus on the Tannat grapes, as well as on product quality improvements, and on internationalisation efforts. The findings have important implications for family businesses, particularly those operating in emerging economies.
Keywords: innovation; theory of innovation; entrepreneurial orientation; family firm; wine industry; Uruguay.
International Journal of Research, Innovation and Commercialisation, 2017 Vol.1 No.2, pp.125 - 142
Available online: 06 Apr 2018 *Full-text access for editors Access for subscribers Purchase this article Comment on this article