Providing an overview of industrial development using a variety of different approaches and perspectives, the Handbook of Industrial Development brings together expert contributors and highlights the current multiple and interdependent challenges that can only be addressed using an interdisciplinary approach. Chapters discuss the existing issues faced by industry following both the digital and environmental transitions, highlighting their regional roots and the interplay with the wider institutional framework. Investigating the necessity for companies to design new products and production processes and also re-think their corporate responsibilities, this Handbook illustrates the need for a much broader vision taking into account historical, social, political and cultural viewpoints at all governmental levels. Furthermore, it takes an analytical look at further research, including insightful directions for future industrial development policies. Answering complex policy questions for today, this crucial Handbook will be invaluable for policymakers looking for insights into sustainable industrial development as well as practitioners who are seeking an up-to-date comprehensive overview of the topic. Economic development and innovation scholars and researchers will also find the future research ideas interesting and informative.

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.

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.

This timely volume offers a comprehensive assessment of the dynamics of firms' behaviour and organization, providing an essential outline of the ways in which our understanding of firms and markets is evolving. Key topics, such as the interplay between labour and capital, the choice of the optimal product range and the dynamics of capital accumulation and innovation are investigated. All of these aspects of the evolution of a market are evaluated in connection with the manifold issue of information, be that related to demand uncertainty, accountancy data, the diffusion of technological knowledge, or the nature of strategic interaction among firms in market games. Technology, Information and Market Dynamics is an extensive and detailed book, offering useful indicators for both theoretical and applied research. It will appeal to economists and researchers of industrial organization and innovation.

Transforming Industrial Policy for the Digital Age argues that digital globalization is inducing deep and productive transformations, making industrial policy necessary in order to reorientate development towards inclusive and more sustainable growth. It demonstrates that industrialization remains an important development process for emerging economies. Featuring contributions by leading scholars, this timely book unpacks the dynamics of 'Industry 4.0', including computer-based algorithms, integration with cloud computing, and the Internet of Things. As existing global value chains take advantage of the new technologies to reorganize production, the contributors explore the implications of new industrial policies, and to what extent they have promoted structural changes that maintain sustainability. This book reflects on the lessons that can be drawn from the history of national industrial policies from across the globe, covering the successes and failures of national policy in promoting industry in response to productive transformations in industrial organization. Insightful and nuanced, this book will benefit scholars of both economics and industrial public policy. International experts and policy-makers will also appreciate this book's critical insight into the transformative shifts in global industrial organization and policies.

This timely and much-needed Handbook reconsiders an old topic from a fresh perspective, raising a number of new, interesting and worthwhile issues in the wake of ten years of globalization. This comprehensive analysis illustrates that old-style industrial policies whereby the government directly intervened in markets, and was often the producer itself, are no longer relevant. Structural changes occurring in economies - summarized in the term 'globalization' - are triggering the definition and implementation of new industrial policies. The contributors, leading experts in their field, unite to evaluate this shift of over a decade ago. Employing various empirical and methodological approaches with a strong theoretical underpinning, this world-wide study of the state-of-the-art of industrial policy issues is an invaluable reference tool. It has been enthusiastically received by a wide-ranging audience including scholars, researchers and policy makers with an interest in industrial economics and policy, business studies and policies for growth, competitiveness and development.

This book is the result of a two-year interdisciplinary research programme named PRISM (Policy making, Reporting and measuring, Intangibles, Skills development and Management), financed by the European Commission and aimed both at understanding better how these assets are created and developed and what the policy implications of their growing importance in economies are. The book focuses on the policy issues raised by the increasing importance of intangible assets in a country's growth and competitiveness. The main idea is that the value of intangible assets, which is imperfectly captured by current economic indicators and imperfectly formalized in economic theory, lies in their being the cumulative elements that keep the economy together - the glue of the system. This argument leads to the focus on networks and social capital as drivers of the development of intangible assets and is illustrated by the case of EU innovation and knowledge diffusion policy.

This book is the result of a two-year interdisciplinary research programme named PRISM (Policy making, Reporting and measuring, Intangibles, Skills development and Management), financed by the European Commission and aimed both at understanding better how these assets are created and developed and what the policy implications of their growing importance in economies are. The book focuses on the policy issues raised by the increasing importance of intangible assets in a country's growth and competitiveness. The main idea is that the value of intangible assets, which is imperfectly captured by current economic indicators and imperfectly formalized in economic theory, lies in their being the cumulative elements that keep the economy together - the glue of the system. This argument leads to the focus on networks and social capital as drivers of the development of intangible assets and is illustrated by the case of EU innovation and knowledge diffusion policy.

Europe's Economic Challenge considers what sort of industrial economic strategy would prepare Europe for the next century. The authors examine the broad approaches to industrial policy and explore future possibilities for what is needed if these policies are to become reality.

'This timely new book offers fresh insights into the scope and direction of industrial policy. With industrial policy 'back on the agenda' in the wake of the crisis, this is a must-read for anyone interested in this important area of policy.' - David Bailey, Coventry University Business School, UKIndustrial Policy after the Crisis provides a fresh and insightful study on the lessons that can be drawn from the global financial crisis for the analysis, definition and implementation of industrial policy. The authors utilize a political economy framework for the analysis of industrial development post-crisis, centered on the organization of production and stressing its importance for the wealth of nations, meaning not only rising income but also 'justice and happiness'. Examining industrial policy as a long-term vision of development, this insightful study will appeal to students in industrial and business economics, political economy and development studies, as well as policy-makers. Offering a reflection on the theoretical basis of policy decision making and recommendation, it will also be beneficial to scholars in the field of economics and politics. Contents: Introduction; 1. The 2008 Financial Crisis; 2. Globalisation and the Organisation of Production; 3. Division of Labour and Industrial Development; 4. A Framework for Defining Industrial Policy; 5. Industrial Policies as Long-Term Strategies: Some Examples; 6. The European Experience; Conclusions; References; Index

This timely and much-needed Handbook reconsiders an old topic from a fresh perspective, raising a number of new, interesting and worthwhile issues in the wake of ten years of globalization. This comprehensive analysis illustrates that old-style industrial policies whereby the government directly intervened in markets, and was often the producer itself, are no longer relevant. Structural changes occurring in economies - summarized in the term 'globalization' - are triggering the definition and implementation of new industrial policies. The contributors, leading experts in their field, unite to evaluate this shift of over a decade ago. Employing various empirical and methodological approaches with a strong theoretical underpinning, this world-wide study of the state-of-the-art of industrial policy issues is an invaluable reference tool. It has been enthusiastically received by a wide-ranging audience including scholars, researchers and policy makers with an interest in industrial economics and policy, business studies and policies for growth, competitiveness and development.

This book analyzes strategic aspects of SME development that may help to promote growth: high-tech development, productivity increase, and strengthening of linkages. Contributors to the book consist of a range of international experts recognised in the field of industrial development and/or small and medium enterprises. This book employs a benchmarking approach, which takes into account lessons that can be extracted from the development process in Europe, the US, and Latin America. It's a novel approach to SME development: it includes a tripartite framework that emphasises the importance of high-tech promotion, productivity growth, and networks.Progress in telecommunications and infrastructure, coupled with liberalization in international organizations, has introduced a number of new competitors to existing SMEs. This book analyzes strategic aspects of SME development that may help to promote growth: high-tech development, productivity increase, and strengthening of linkages.

Progress in telecommunications and infrastructure, coupled with liberalization in international organizations, has introduced a number of new competitors to existing SMEs. This book analyzes strategic aspects of SME development that may help to promote growth: high-tech development, productivity increase, and strengthening of linkages.

This volume examines what industrial policies are, and what role they play in the context of European integration. It provides a clear analysis of the process of integration from the Treaty of Rome to the Maastricht Treaty and beyond. Key issues covered include: * the theory of economic integration * policies to create a single market * the role of European Community institutions * policies to guarantee and promote market competition * policies of industrial development and innovation Industrial Policies of Economic Integration develops a new range of policies, aimed at allowing a new common market to enter the global marketplace effectively. This volume will be essential reading for students of European economics and policy makers interested in economic integration.