Temple University’s Center for International Business Education and Research (CIBER) presents a Faculty Development trip to increase International Business knowledge in the wine industry of a major wine exporting country: Santiago, Chile (January 5-11, 2018).
Business Innovation in Chile: A Case Study of the Wine Export Center
Join us for a summer experience in the Chilean wine country. As an innovation-driven economy, the United States prides itself on developing and delivering innovative goods and services domestically and globally through high-tech exports, creative branding, and in-demand services. Among those exports is our growing wine sector, led by Napa Valley but recently expanding into other parts of California, Oregon, Virginia, and other lesser known wine producing regions of the United States. Despite this expansion, the United States remains behind old world wine producers in Europe. Recently Chile and Australia are also outpacing the United States in terms of wine exports and have been leading the way in innovative production and marketing techniques.
On this faculty immersion experience, participants will visit a number of innovative businesses in the wine export sector and related industries in Chile to better understand how innovation in a highly-regulated sector can disrupt the traditional approaches taken by Old World producers in Europe and provide a comparative advantage for modern producers.
Some of the key learning outcomes will include:
An understanding of how innovation is utilized to drive growth in emerging markets;
A comparative perspective of an innovative sector active in the home and target market;
A better sense of the supply chain for a commodity such as wine and how innovation can accelerate movement along that supply chain and;
Tools that can be used to leverage enhancements in innovation for U.S. exporters.
The immersion experience is being led by Fox School of Business Assistant Professor, Dr. Kevin Fandl, a Latin America specialist with deep knowledge of the region. Dr. Fandl's research emphasizes the relationship between law, policy, and business in global markets. He takes his extensive experience at senior levels of federal government policymaking to the marketplace by examining how laws and regulations drive or inhibit innovation and business opportunity. His knowledge of Chile as well as the wine industry add significant academic value to this immersion experience.
Participants on the Chile FDIB will be financially responsible for the FDIB Program Fee of $2,750, which includes hotel accommodations (single occupancy), international health insurance, some meals, company visits, in-country transportation and cultural activities. Participants are responsible for their international airfare, incidental expenses, some meals, and passport/visa fees if applicable. A $500 deposit is required at time of registration to secure your spot on the program. The remaining balance of $2,250 must be paid in full by November 1st. All payments are non-refundable.