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The debate on industrial policy (IP) has been characterized by a number of contractions over the concept of industrial policy, its merits, contents and application. The purpose of this exploratory paper is to review the debate on IP. Outlining the concept and instruments of industrial policy,...
Persistent link: https://www.econbiz.de/10010280155
This paper calls for a fresh look at industrial policies in the light of recent trends and developments in the global economy. In particular, five new challenges and their implications for industrial policies are discussed. These have been neglected in the debate on industrial policy and include...
Persistent link: https://www.econbiz.de/10010280229
I study the impact of industrial policy on industrial development by considering an important episode during the East Asian miracle: South Korea’s heavy and chemical industry (HCI) drive, 1973–1979. Based on newly assembled data, I use the introduction and termination of industrial policies...
Persistent link: https://www.econbiz.de/10015097155
address and minimize. Horizontal policies comprise Innovation, Industrial Promotion and Directives for Industrial and …
Persistent link: https://www.econbiz.de/10010328250
Recent research highlights the considerable potential of industrial policy to support structural transformation in sub-Saharan Africa. Given the importance of the state in industrial policy, this paper considers the implications for these discussions of recent work on state fragility. It argues...
Persistent link: https://www.econbiz.de/10011418595
This paper discusses the organizational structure and technical, operational and political capabilities required for successful productive development policies (PDPs). It also discusses how countries can match their PDPs to existing capabilities, as well as expand their capabilities in the long...
Persistent link: https://www.econbiz.de/10011535737
The purpose of this article is to show that the current European Union (EU) legal framework is unnecessarily restrictive and unduly suppresses economic and developmental initiatives in many stagnating regions across Europe.More innovative industrial policies, instruments and measures should be...
Persistent link: https://www.econbiz.de/10013076123
the success or failure of diversification. It shows that the dynamics of innovation is extremely rich and varied … innovators (who introduce new products or new markets in exports) bear the major cost of their innovation, but later entrants … reap the benefits. Discovery and innovation seem to be very extremely common, but success and consolidation are much more …
Persistent link: https://www.econbiz.de/10013244592
ideological backgrounds propose ambitious new government schemes to boost innovation in a wide variety of sectors. Much of this …
Persistent link: https://www.econbiz.de/10013313819
ideological backgrounds propose ambitious new government schemes to boost innovation in a wide variety of sectors. Much of this …
Persistent link: https://www.econbiz.de/10013314261