Connection of Competitiveness and Industrial Policy: Theoretical Trends
Conference: International Conference on Applied Business and Economics (ICABE) 2019_At: Aristotle University of Thessaloniki, Main Campus, Egnatias, Thessaloniki, Greece, 21-23 October
1 Pages Posted: 17 Jan 2020 Last revised: 19 Jan 2020
Date Written: October 22, 2019
A growing number of studies examine the concepts of competitiveness and industrial policy in combinatory terms. However, it seems that there is no study in the literature attempting to analyse the parallel and combined historical evolution of these two concepts. Therefore, this contribution aims to examine how recent literature links these two evolving concepts/notions. In order to achieve this goal, we distinguished several indicative scientific publications extending from 1976 to 2017 that include at the same time the words “competitiveness” and “industrial policy” in their title and examined how they deal with the connection between the two concepts. The findings suggest that the goal of sectoral competitiveness in industrial policy is the most used element until this day. However, new approaches to the phenomenon suggest a more complex relationship, especially after 2010, because the conception of industrial policy is not limited to the objective of structural change but aims increasingly at a goal of long-term overall socioeconomic competitiveness.
Keywords: competitiveness concept, industrial policy concept, micro-meso-macro analysis, evolutionary approach, socio-economic competitiveness
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