File(s) not publicly available
Innovation systems: from fixing market failures to creating markets
journal contribution
posted on 2023-06-08, 23:36 authored by Mariana MazzucatoOne lesson of the Great Recession has been that countries with higher shares of industry in their GDP seemed to be less affected by the crisis. Consequently, the call for an industrial renaissance has become stronger. Industrial policy has now become a top priority in countries where it was not explicitly considered in the past. A strong EU-wide industrial policy is expected to foster growth and job creation. However, cultivating industrial development is a complex challenge. This Forum addresses the steps that need to be taken to create a new European industrial policy. What are the structural challenges that need to be addressed? What are the instruments of the EU's industrial policy? And should the EU be engaged in picking winners, or is the market better at making such judgements?
History
Publication status
- Published
Journal
IntereconomicsISSN
0020-5346Publisher
Springer VerlagExternal DOI
Issue
3Volume
50Page range
120-125Department affiliated with
- SPRU - Science Policy Research Unit Publications
Notes
This article falls withing the umbrella title: Which industrial policy does Europe need? (And to which the abstract given above refers) by Mariana Mazzucato, Mario Cimoli, Giovanni Dosi, Joseph E. Stiglitz, Michael A. Landesmann, Mario Pianta, Rainer Walz, Tim PageFull text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2015-12-03Usage metrics
Categories
No categories selectedKeywords
Licence
Exports
RefWorks
BibTeX
Ref. manager
Endnote
DataCite
NLM
DC