How the Portuguese footwear industry became a global leader: the role of technological innovation (abstract)

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Author list: Jayantilal, S., Jorge, S. F., & Monteiro, M.
Publication year: 2019
Languages: English-Great Britain (EN-GB)


Abstract

Portugal is a small economy on the south western tip of Europe. Its
economy was thrown a huge blow with the global financial crisis of 2008.
The country ended signing a 78 million euro bailout plan to help pull
thorough yet the effects are still lingering. In this daunting context,
Portuguese footwear industry has managed to transform itself gradually
becoming an important player in the global arena and crucially important
to the national economy. In this paper we aim to show that this
accomplishment was possible due to the technological innovation
introduced in this industry. We show that this introduction enabled to
add value to the exports and, thus, launch the Portuguese footwear
industry to worldwide spotlight. This industry of the Portuguese
economy, shows the impact that technological innovation can have in
terms of creating wealth, jobs and economic growth, even in the most
dire of circumstances.


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Last updated on 2019-13-08 at 00:53