The future of industrial policies in the new millennium: Toward a knowledge-centered development agenda

1. Person: Cimoli, Mario
Weitere Personen: Dosi, Giovanni; Stiglitz, Joseph E.
Format: Online-Artikel
Sprache: English
Veröffentlicht: Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM) 2008
Serien: LEM Working Paper Series
Online Zugang: https://www.econstor.eu/bitstream/10419/89549/1/640462014.pdf
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ECONSTOR
title
The future of industrial policies in the new millennium: Toward a knowledge-centered development agenda
spellingShingle
The future of industrial policies in the new millennium: Toward a knowledge-centered development agenda
Cimoli, Mario
LEM Working Paper Series
title_short
The future of industrial policies in the new millennium: Toward a knowledge-centered development agenda
title_full
The future of industrial policies in the new millennium: Toward a knowledge-centered development agenda
title_fullStr
The future of industrial policies in the new millennium: Toward a knowledge-centered development agenda
title_full_unstemmed
The future of industrial policies in the new millennium: Toward a knowledge-centered development agenda
title_sort
The future of industrial policies in the new millennium: Toward a knowledge-centered development agenda
format
electronic Article
format_phy_str_mv
Paper
publisher
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
publishDate
2008
language
English
author
Cimoli, Mario
author2
Dosi, Giovanni
Stiglitz, Joseph E.
author2Str
Dosi, Giovanni
Stiglitz, Joseph E.
description
While it is futile to search for any 'magic policy recipe' automatically yielding industrialization, the contributions to the book, we argue, do indeed help in identifying some basic ingredients and principles that successful policy arrangements historically had and have in common. In this concluding chapter we spell out some of them. They include: (i) an 'emulation philosophy' vis-à-vis the most promising technological paradigms; (ii) various measures safeguarding the possibility of 'infant industry learning', involving also the purposeful 'distortion' of market signals as they come from the international arena; (iii) explicit policies of capability-building directed both at education and training but also at nurturing and shaping specific corporate actors; (iv) a 'political economy of rent-management' favourable to learning and industrialization, while curbing the exploitation of monopolist positions; (v) measures aimed to foster and exploit a weak Intellectual Property Rights regime, especially with respect to the companies of the developed world; (vi) strategies aimed at avoiding the 'natural resource course'; (vii) 'virtuous' complementarities between industrial policies and macroeconomic management. Further the chapter discusses the opportunities and constraints associated with the current regimes of trade and IPR governance and puts forward some basic building blocks of a proposed new pro-developmental consensus fostering knowledge accumulation and industrialization in catching-up countries.
url
https://www.econstor.eu/bitstream/10419/89549/1/640462014.pdf
series
LEM Working Paper Series
seriesStr
LEM Working Paper Series
LEM Working Paper Series
series2
LEM Working Paper Series
series2_facet
LEM Working Paper Series
up_date
2019-10-15T02:54:22.620Z
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1647426247608762370

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