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.

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 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.