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.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Technology and Globalisation
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
