9. Varieties of Industrial Policy: Models, Packages, and Transformation Cycles

Andreoni, Antonio

doi:10.7312/noma18050-009

Cited by 57 publications

(58 citation statements)

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“…For a review of the debate since 2000, see Andreoni and Chang (2019). For recent contributions see also Andreoni (2016); Cherif and Hasanov (2019); Mazzucato (2013); Salazar-Xirinachs et al (2014); Stiglitz and Lin (2013); Wade (2018). Five recent journal issues covering frontier themes in industrial policy are: Andreoni et al (2019b); Foray et al (2012); Kattel and Mazzucato (2018); Pianta and Zanfei (2016); Storm (2017).…”

Section: Introductionmentioning

confidence: 99%

Industrial Policy in the 21st Century

Chang¹,

Andreoni²

2020

Development and Change

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196

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Industrial policy is back at the centre stage of policy debate, while the world is undergoing dramatic transformations. This article contributes to the debate by developing a new theory of industrial policy, incorporating some issues that have been neglected so far and taking into account the recent changes in economic reality. The authors explore how the incorporation of some of the neglected issues — commitments under uncertainty, learning in production, macroeconomic management (especially demand management), and conflict management — changes the theory. They then examine how the theory of industrial policy should be modified in light of recent changes in economic reality: the rise of the global value chain, financialization and new imperialism. This contribution aims at promoting a pragmatic approach to industrial policy and pointing to new areas for policy intervention in a changing world.

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Section: Introductionmentioning

confidence: 99%

Industrial Policy in the 21st Century

Chang¹,

Andreoni²

2020

Development and Change

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196

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“…Professor A. V. Grebenkin noted the principle of multiobjectivity as a complex web of properties that requires constant updating, and functional compliance as a necessary condition for the evolution of the economic system [3]. Statements about the need to adopt principles that relate to the multisubject approach can be found in other scientists: J. Stigliz [20], C. Hochfeld [19], A. Andreoni [15], L. Chen,B. Naughton [17], as well as in documents of European state, public and research organizations [18].…”

Section: Literature Reviewmentioning

confidence: 99%

Multisubject industrial policy: formalization by evolutionary game theory methods

Akberdina¹,

Korovin²,

Ponomareva³

2019

Proceedings of the 2nd International Scientific Conference on New Industrialization: Global, National, Regional Dimension (SICN

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The purpose and objectives of the work is development within the framework of game theory a model of relationships of subjects interested in the industrial policy based on their interests, strategies, areas of conflict and areas of consensus. The study used a multi-subject approach, which implies the existence of a number of independent stakeholders with their own goals and strategies. The methodology of evolutionary game theory (EGT) was used to analyze the interests of the stakeholders of their coincidences and conflicts. The process of formation of industrial policy typologed, highlighted by its features such as game related, including hierarchy, multiplicity, coalition, asymmetry, identified three possible points of equilibrium. The interaction between the state and enterprises is formalized as a game in a normal form, the functions of utility of players and the equation of replication dynamics are presented. To formalize the problem and finding the equations of the replicative dynamics we have considered the problem in a general form for the continuous asymmetric games. In terms of content, the results and decisions can be used as a characteristic of the space for the creation of multiple mutually acceptable agreements between real and potential participants in the process of industrial policy formation. It is possible to further analyze the model to obtain a quantitative assessment of the factors that have the greatest impact on the motivation of the interaction participants.

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“…The controversial nature of industrial policy is testified to by the fact that there is actually no universally agreed definition of the term (Chang, 1994;Stiglitz and Lin, 2013;Warwick, 2013, Stiglitz andGreenwald, 2014;Andreoni, 2016). The most (Chang, 1994;Andreoni, 2016b;Noman and Stigliz, 2016).…”

Section: The Contested Definition Of Industrial Policymentioning

confidence: 99%

“…There are "proprietary technologies" generally associated to specific products and whose functioning rely on a certain "platform technologies" emerging from the science base. But there are also "production technologies" used for transforming materials in new products and whose deployment often require the access to "infra-technologies" like measurement and test equipment (Tassey, 2010;Andreoni, 2015b and2016b). These different technologies enable multiple production activities (also processes and tasks as their components)…”

Section: Looking Ahead Into the Future Of Manufacturing And Policymentioning

confidence: 99%

“…This means that the traditional sectoral axis of interventions will have to be (and already is in a few countries) gradually replaced by a policy matrix combining sectoral value chains and different enabling technologies. Industrial and technology policies will increasingly have to operate within the matrix of sectoral value chain -technology system (Andreoni, 2015b and2016b).…”

Section: Looking Ahead Into the Future Of Manufacturing And Policymentioning

confidence: 99%

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Industrial policy and the future of manufacturing

Andreoni

Chang

2016

Econ Polit Ind

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The paper aims at reconstructing the industrial policy debate by focusing on a number of theoretical issues, in particular the contested nature of industrial policy -its selectivity -also in relation to manufacturing and the different rationales for industrial policy making. The paper concludes by looking ahead into the future of manufacturing and focuses on the need for rethinking our understanding of global production and emerging technologies for increased prosperity.

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9. Varieties of Industrial Policy: Models, Packages, and Transformation Cycles

Cited by 57 publications

References 0 publications

Industrial Policy in the 21st Century

Industrial Policy in the 21st Century

Multisubject industrial policy: formalization by evolutionary game theory methods

Industrial policy and the future of manufacturing

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