We argue that the present economic crisis reflects the on-going transition towards a networked, knowledge based, globalised economy, and this transition affects the role of industrial policies. From this perspective, we suggest that the State should intervene along three main lines. First, action is needed to make the quality and innovative potential of territories recognisable. Second, substantial investments should be targeted to human capital formation, and to communication skills and infrastructures. Third, policies should be designed to maintain and upgrade skill intensive activities, and to attract high value added foreign investment. A bottom up approach should be adopted in the design of policies, as to favour the self-organization of individuals, creative clusters and communities.

Lost in transition: systemic innovations and the new role of the state in industrial policy

COZZA, CLAUDIO;
2016-01-01

Abstract

We argue that the present economic crisis reflects the on-going transition towards a networked, knowledge based, globalised economy, and this transition affects the role of industrial policies. From this perspective, we suggest that the State should intervene along three main lines. First, action is needed to make the quality and innovative potential of territories recognisable. Second, substantial investments should be targeted to human capital formation, and to communication skills and infrastructures. Third, policies should be designed to maintain and upgrade skill intensive activities, and to attract high value added foreign investment. A bottom up approach should be adopted in the design of policies, as to favour the self-organization of individuals, creative clusters and communities.
File in questo prodotto:
File Dimensione Formato  
ER-CC-AZ_Lost in transition_EPI-JIBE (2016) 43pp345–353.pdf

Accesso chiuso

Descrizione: articolo principale
Tipologia: Documento in Versione Editoriale
Licenza: Digital Rights Management non definito
Dimensione 642.28 kB
Formato Adobe PDF
642.28 kB Adobe PDF   Visualizza/Apri   Richiedi una copia
Pubblicazioni consigliate

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11368/2891231
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 8
  • ???jsp.display-item.citation.isi??? ND
social impact