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Industrial Policy for the Manufacturing Revolution - Perspectives on Digital Globalisation (Paperback)
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Industrial Policy for the Manufacturing Revolution - Perspectives on Digital Globalisation (Paperback)
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The fourth industrial revolution is having a major impact on
industry and societies primarily because of what has been called
its raw material: data. New technologies are allowing
hyper-connection on a global scale, not only between people, but
also between people and machines and, in the case of the Internet
of Things, even amongst machines themselves. This book offers a
critical reflection on the meaning and expected consequences of the
fourth industrial revolution, with a particular focus on the advent
of digital globalisation and its implications for industrial
policy. Industrial revolutions are considered not only in terms of
technological progress, but also in the context of the changing
relationship between market and production dynamics, and the social
and political conditions enabling the development of new
technologies. Industrial Policy for the Manufacturing Revolution
aims to increase our capacity to anticipate and adapt to the
forthcoming structural changes. It outlines the type of industrial
policy and strategies that are needed in this era of rapid
transformation. The authors propose a 'comprehensive industrial
policy' that considers the complexity of structural changes
involving industry as well as institutions and social and education
policies, in order to encourage the participation of all citizens
in the development process. The book also features a concrete
example of comprehensive industrial policy implementation at the
regional level. This stimulating and thoughtful book makes the case
that industrial policies are more vital than ever, particularly now
as the economy undergoes a technological revolution. It will be
required reading for all those interested in industrial economics
and policy, business and technology.
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