Public and Private Investments in Innovation Capabilities : Structural Transformation in the Chilean Wine Industry
This paper assembles novel data on the Chilean wine industry to investigate the role of investments in knowledge capital on sales growth in domestic and international markets. The study uses archival data collected from the Government of Chile to c...
| Main Authors: | , , |
|---|---|
| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank Group, Washington, DC
2014
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2014/07/19896099/public-private-investments-innovation-capabilities-structural-transformation-chilean-wine-industry http://hdl.handle.net/10986/19341 |
| id |
okr-10986-19341 |
|---|---|
| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ADVERTISING AFFILIATED ORGANIZATIONS AGRICULTURE BALANCE SHEET BENCHMARK BRAND BRAND IMAGE BRANDS BUSINESS MODELS BUSINESS PROCESS BUSINESS PROCESSES BUSINESS STRATEGY BUSINESSES BUYER BUYERS CAPABILITIES CAPITAL ASSETS CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL INVESTMENT CAPITAL INVESTMENTS COLLABORATION COMMODITY COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGE COMPETITIVENESS CONNECTIVITY CONSULTING SERVICES CONSUMER PREFERENCES CONSUMERS CUSTOMER LOYALTY DEVELOPMENT AGENCY DEVELOPMENT POLICY DIGITAL ASSETS DISTRIBUTION NETWORKS DOMESTIC MARKET ECONOMIC DEVELOPMENT ELASTICITY EMERGING MARKET ENTERPRISE SURVEY EQUIPMENT EXCHANGE RATE EXPENDITURES EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORTS FAIRS FOREIGN COMPETITORS FOREIGN DIRECT INVESTMENTS FOREIGN INVESTMENT FOREIGN OWNERSHIP FOREIGN SALES GDP GDP PER CAPITA GLOBAL KNOWLEDGE GLOBAL MARKET GLOBAL MARKETS GLOBALIZATION GOVERNMENT SUBSIDIES GRAPHIC DESIGNERS GROWTH RATE HARDWARE HUMAN CAPITAL IMAGE INCOME INDUSTRIAL DEVELOPMENT INFORMATION SYSTEMS INNOVATION INNOVATION POLICY INNOVATIONS INPUT FACTORS INTANGIBLE ASSET INTANGIBLE ASSETS INTELLECTUAL ASSETS INTELLECTUAL PROPERTY INTERNATIONAL COMPARISON INTERNATIONAL MARKET INTERNATIONAL MARKETS INTERNATIONAL TRADE INVENTORY INVESTMENT DECISIONS INVESTMENT IN KNOWLEDGE INVESTMENT RATE JOINT VENTURES LABOR MARKET LEARNING LICENSE LICENSE FEES LICENSES MANUFACTURING MANUFACTURING INDUSTRIES MARKET ECONOMY MARKET FAILURES MARKET REACH MARKET RESEARCH MARKET SHARE MARKETING MARKETPLACE MEDIA MEDIUM ENTERPRISES NATIONAL TRAINING NETWORKS NEW TECHNOLOGY NEWSLETTERS OPEN ACCESS OPERATING SYSTEMS ORGANIZATIONAL CAPITAL OUTDATED TECHNOLOGIES OUTPUT PER CAPITA PATENTS PEER-TO-PEER POLITICAL ECONOMY PORTFOLIO PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE PARTNERSHIPS PRIVATE SECTOR PRODUCTIVITY PRODUCTIVITY GROWTH PROGRAMS PUBLIC FUNDS PURCHASING R&D R&D SERVICES RADIO REGRESSION ANALYSIS RESULT RESULTS RETAINED EARNINGS RISK FACTOR SERVICE CONTRACTS SERVICE PROVIDERS SOFTWARE DEVELOPMENT SOFTWARE LICENSES SOFTWARE SYSTEMS SPECULATION STOCKS STORAGE CAPACITY STRUCTURAL CHANGE SUPERMARKETS SUPPLIER SUPPLIERS SUPPLY CHAINS TECHNICAL SUPPORT TECHNICAL TRAINING TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TECHNOLOGY DEVELOPMENT TECHNOLOGY TRANSFER TELECOMMUNICATIONS TERRORISM TIME PERIOD TOTAL FACTOR PRODUCTIVITY TRADE FAIR TRADE FAIRS TRADEMARK TRADEMARKS TRAINING PROGRAMS TRAINING SYSTEMS USES VALUE CHAINS VOLATILITY WEALTH WEB WORLD MARKETS |
| spellingShingle |
ADVERTISING AFFILIATED ORGANIZATIONS AGRICULTURE BALANCE SHEET BENCHMARK BRAND BRAND IMAGE BRANDS BUSINESS MODELS BUSINESS PROCESS BUSINESS PROCESSES BUSINESS STRATEGY BUSINESSES BUYER BUYERS CAPABILITIES CAPITAL ASSETS CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL INVESTMENT CAPITAL INVESTMENTS COLLABORATION COMMODITY COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGE COMPETITIVENESS CONNECTIVITY CONSULTING SERVICES CONSUMER PREFERENCES CONSUMERS CUSTOMER LOYALTY DEVELOPMENT AGENCY DEVELOPMENT POLICY DIGITAL ASSETS DISTRIBUTION NETWORKS DOMESTIC MARKET ECONOMIC DEVELOPMENT ELASTICITY EMERGING MARKET ENTERPRISE SURVEY EQUIPMENT EXCHANGE RATE EXPENDITURES EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORTS FAIRS FOREIGN COMPETITORS FOREIGN DIRECT INVESTMENTS FOREIGN INVESTMENT FOREIGN OWNERSHIP FOREIGN SALES GDP GDP PER CAPITA GLOBAL KNOWLEDGE GLOBAL MARKET GLOBAL MARKETS GLOBALIZATION GOVERNMENT SUBSIDIES GRAPHIC DESIGNERS GROWTH RATE HARDWARE HUMAN CAPITAL IMAGE INCOME INDUSTRIAL DEVELOPMENT INFORMATION SYSTEMS INNOVATION INNOVATION POLICY INNOVATIONS INPUT FACTORS INTANGIBLE ASSET INTANGIBLE ASSETS INTELLECTUAL ASSETS INTELLECTUAL PROPERTY INTERNATIONAL COMPARISON INTERNATIONAL MARKET INTERNATIONAL MARKETS INTERNATIONAL TRADE INVENTORY INVESTMENT DECISIONS INVESTMENT IN KNOWLEDGE INVESTMENT RATE JOINT VENTURES LABOR MARKET LEARNING LICENSE LICENSE FEES LICENSES MANUFACTURING MANUFACTURING INDUSTRIES MARKET ECONOMY MARKET FAILURES MARKET REACH MARKET RESEARCH MARKET SHARE MARKETING MARKETPLACE MEDIA MEDIUM ENTERPRISES NATIONAL TRAINING NETWORKS NEW TECHNOLOGY NEWSLETTERS OPEN ACCESS OPERATING SYSTEMS ORGANIZATIONAL CAPITAL OUTDATED TECHNOLOGIES OUTPUT PER CAPITA PATENTS PEER-TO-PEER POLITICAL ECONOMY PORTFOLIO PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE PARTNERSHIPS PRIVATE SECTOR PRODUCTIVITY PRODUCTIVITY GROWTH PROGRAMS PUBLIC FUNDS PURCHASING R&D R&D SERVICES RADIO REGRESSION ANALYSIS RESULT RESULTS RETAINED EARNINGS RISK FACTOR SERVICE CONTRACTS SERVICE PROVIDERS SOFTWARE DEVELOPMENT SOFTWARE LICENSES SOFTWARE SYSTEMS SPECULATION STOCKS STORAGE CAPACITY STRUCTURAL CHANGE SUPERMARKETS SUPPLIER SUPPLIERS SUPPLY CHAINS TECHNICAL SUPPORT TECHNICAL TRAINING TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TECHNOLOGY DEVELOPMENT TECHNOLOGY TRANSFER TELECOMMUNICATIONS TERRORISM TIME PERIOD TOTAL FACTOR PRODUCTIVITY TRADE FAIR TRADE FAIRS TRADEMARK TRADEMARKS TRAINING PROGRAMS TRAINING SYSTEMS USES VALUE CHAINS VOLATILITY WEALTH WEB WORLD MARKETS Dutz, Mark A. O'Connell, Stephen D. Troncoso, Javier L. Public and Private Investments in Innovation Capabilities : Structural Transformation in the Chilean Wine Industry |
| geographic_facet |
Latin America & Caribbean Chile |
| relation |
Policy Research Working Paper;No. 6983 |
| description |
This paper assembles novel data on the
Chilean wine industry to investigate the role of investments
in knowledge capital on sales growth in domestic and
international markets. The study uses archival data
collected from the Government of Chile to compile and
categorize public expenditures and programs supporting the
Chilean wine industry over the period of 1990-2012 into
investment in different types of knowledge capital. These
spending categories are related to industry-level sales
growth. The paper finds that the most important correlate is
spending on research and development. The study also uses
data from a new survey of Chilean wine firms to capture
information on firm-specific investments in knowledge
capital. The findings show that investments in collaboration
capital, in particular hiring foreign consultants, as well
as participation in international wine fairs are the
strongest correlates of growth in export sales, while
spending on aspects of branding (local advertising and brand
design) are the strongest correlates of domestic market
sales growth. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Dutz, Mark A. O'Connell, Stephen D. Troncoso, Javier L. |
| author_facet |
Dutz, Mark A. O'Connell, Stephen D. Troncoso, Javier L. |
| author_sort |
Dutz, Mark A. |
| title |
Public and Private Investments in Innovation Capabilities : Structural Transformation in the Chilean Wine Industry |
| title_short |
Public and Private Investments in Innovation Capabilities : Structural Transformation in the Chilean Wine Industry |
| title_full |
Public and Private Investments in Innovation Capabilities : Structural Transformation in the Chilean Wine Industry |
| title_fullStr |
Public and Private Investments in Innovation Capabilities : Structural Transformation in the Chilean Wine Industry |
| title_full_unstemmed |
Public and Private Investments in Innovation Capabilities : Structural Transformation in the Chilean Wine Industry |
| title_sort |
public and private investments in innovation capabilities : structural transformation in the chilean wine industry |
| publisher |
World Bank Group, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/07/19896099/public-private-investments-innovation-capabilities-structural-transformation-chilean-wine-industry http://hdl.handle.net/10986/19341 |
| _version_ |
1764443773572481024 |
| spelling |
okr-10986-193412021-04-23T14:03:52Z Public and Private Investments in Innovation Capabilities : Structural Transformation in the Chilean Wine Industry Dutz, Mark A. O'Connell, Stephen D. Troncoso, Javier L. ADVERTISING AFFILIATED ORGANIZATIONS AGRICULTURE BALANCE SHEET BENCHMARK BRAND BRAND IMAGE BRANDS BUSINESS MODELS BUSINESS PROCESS BUSINESS PROCESSES BUSINESS STRATEGY BUSINESSES BUYER BUYERS CAPABILITIES CAPITAL ASSETS CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL INVESTMENT CAPITAL INVESTMENTS COLLABORATION COMMODITY COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGE COMPETITIVENESS CONNECTIVITY CONSULTING SERVICES CONSUMER PREFERENCES CONSUMERS CUSTOMER LOYALTY DEVELOPMENT AGENCY DEVELOPMENT POLICY DIGITAL ASSETS DISTRIBUTION NETWORKS DOMESTIC MARKET ECONOMIC DEVELOPMENT ELASTICITY EMERGING MARKET ENTERPRISE SURVEY EQUIPMENT EXCHANGE RATE EXPENDITURES EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORTS FAIRS FOREIGN COMPETITORS FOREIGN DIRECT INVESTMENTS FOREIGN INVESTMENT FOREIGN OWNERSHIP FOREIGN SALES GDP GDP PER CAPITA GLOBAL KNOWLEDGE GLOBAL MARKET GLOBAL MARKETS GLOBALIZATION GOVERNMENT SUBSIDIES GRAPHIC DESIGNERS GROWTH RATE HARDWARE HUMAN CAPITAL IMAGE INCOME INDUSTRIAL DEVELOPMENT INFORMATION SYSTEMS INNOVATION INNOVATION POLICY INNOVATIONS INPUT FACTORS INTANGIBLE ASSET INTANGIBLE ASSETS INTELLECTUAL ASSETS INTELLECTUAL PROPERTY INTERNATIONAL COMPARISON INTERNATIONAL MARKET INTERNATIONAL MARKETS INTERNATIONAL TRADE INVENTORY INVESTMENT DECISIONS INVESTMENT IN KNOWLEDGE INVESTMENT RATE JOINT VENTURES LABOR MARKET LEARNING LICENSE LICENSE FEES LICENSES MANUFACTURING MANUFACTURING INDUSTRIES MARKET ECONOMY MARKET FAILURES MARKET REACH MARKET RESEARCH MARKET SHARE MARKETING MARKETPLACE MEDIA MEDIUM ENTERPRISES NATIONAL TRAINING NETWORKS NEW TECHNOLOGY NEWSLETTERS OPEN ACCESS OPERATING SYSTEMS ORGANIZATIONAL CAPITAL OUTDATED TECHNOLOGIES OUTPUT PER CAPITA PATENTS PEER-TO-PEER POLITICAL ECONOMY PORTFOLIO PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE PARTNERSHIPS PRIVATE SECTOR PRODUCTIVITY PRODUCTIVITY GROWTH PROGRAMS PUBLIC FUNDS PURCHASING R&D R&D SERVICES RADIO REGRESSION ANALYSIS RESULT RESULTS RETAINED EARNINGS RISK FACTOR SERVICE CONTRACTS SERVICE PROVIDERS SOFTWARE DEVELOPMENT SOFTWARE LICENSES SOFTWARE SYSTEMS SPECULATION STOCKS STORAGE CAPACITY STRUCTURAL CHANGE SUPERMARKETS SUPPLIER SUPPLIERS SUPPLY CHAINS TECHNICAL SUPPORT TECHNICAL TRAINING TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TECHNOLOGY DEVELOPMENT TECHNOLOGY TRANSFER TELECOMMUNICATIONS TERRORISM TIME PERIOD TOTAL FACTOR PRODUCTIVITY TRADE FAIR TRADE FAIRS TRADEMARK TRADEMARKS TRAINING PROGRAMS TRAINING SYSTEMS USES VALUE CHAINS VOLATILITY WEALTH WEB WORLD MARKETS This paper assembles novel data on the Chilean wine industry to investigate the role of investments in knowledge capital on sales growth in domestic and international markets. The study uses archival data collected from the Government of Chile to compile and categorize public expenditures and programs supporting the Chilean wine industry over the period of 1990-2012 into investment in different types of knowledge capital. These spending categories are related to industry-level sales growth. The paper finds that the most important correlate is spending on research and development. The study also uses data from a new survey of Chilean wine firms to capture information on firm-specific investments in knowledge capital. The findings show that investments in collaboration capital, in particular hiring foreign consultants, as well as participation in international wine fairs are the strongest correlates of growth in export sales, while spending on aspects of branding (local advertising and brand design) are the strongest correlates of domestic market sales growth. 2014-08-15T14:21:46Z 2014-08-15T14:21:46Z 2014-07 http://documents.worldbank.org/curated/en/2014/07/19896099/public-private-investments-innovation-capabilities-structural-transformation-chilean-wine-industry http://hdl.handle.net/10986/19341 English en_US Policy Research Working Paper;No. 6983 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Chile |