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Spanish Wine Cooperatives’ Business Performance: Innovation Capabilities and Miles and Snow Strategies
Published online by Cambridge University Press: 27 November 2019
Abstract
Agricultural cooperatives’ economic performance and efficiency today have great economic and social relevance. Consistent with the recent literature, this article examines wine cooperatives and compares them with wine investor-owned firms, studying their innovation capabilities, Miles and Snow strategies, and performance. A survey was conducted in all the wineries in Spain, with 339 responses. The interactions between the independent variables and the dependent variable were analyzed using the logit regression model. The study points out that cooperatives do not have fewer innovation capabilities, nor are they more inefficient, than investor-owned firms, although the factors that modulate their economic performance are different. (JEL Classifications: L66, M10, P13, Q13)
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- Copyright © American Association of Wine Economists 2019
Footnotes
The authors thank Karl Storchmann and an anonymous reviewer for their useful comments, and the attendees at the 13th Annual AAWE Conference 2019 hold in Vienna, Austria, for their helpful ideas and recommendations.
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