Industrial policy and the future of manufacturing

The paper aims at reconstructing the industrial policy debate by focusing on a number of theoretical issues, in particular the contested nature of industrial policy—its selectivity—also in relation to manufacturing and the different rationales for industrial policy making. The paper concludes by loo...

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Bibliographic Details
Published in:Economia e politica industriale 2016-12, Vol.43 (4), p.491-502
Main Authors: Andreoni, Antonio, Chang, Ha-Joon
Format: Article
Language:English
Subjects:
Business Strategy/Leadership
Economics
Economics and Finance
Entrepreneurship
Industrial economics
Industrial Organization
Industrial policy
Manufacturing
Policy making
R & D/Technology Policy
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Summary:The paper aims at reconstructing the industrial policy debate by focusing on a number of theoretical issues, in particular the contested nature of industrial policy—its selectivity—also in relation to manufacturing and the different rationales for industrial policy making. The paper concludes by looking ahead into the future of manufacturing and focuses on the need for rethinking our understanding of global production and emerging technologies for increased prosperity.
ISSN:0391-2078
1972-4977
DOI:10.1007/s40812-016-0057-2