Trends on the Conception of Competitiveness and Modern Industrial Policy: The Emergent Field of a New Synthesis

European Journal of Business and Innovation Research. Vol. 8, No. 1, pp. 1-18, 2020

18 Pages Posted: 22 Feb 2020

See all articles by Charis Vlados

Charis Vlados

Democritus University of Thrace, Department of Economics

Dimos Chatzinikolaou

Democritus University of Thrace, Department of Economics

Date Written: January 1, 2020

Abstract

The concept of competitiveness and the practice of industrial policy seem to acquire a repositioned meaning and new interest today. We explore how the concept of competitiveness is changing shape and scope and what is the focus of industrial policy both historically and recently in the effort of finding their theoretical convergences and divergences. The findings suggest a move towards an industrial policy that is systemic and integrated since it focuses on enhancing the multilevel competitiveness of the socio-economic system in a unified micro-meso-macro approach. A counter-proposed analysis of the “competitiveness web,” which perceives at the centre of the system the evolutionary micro-dynamics of the firm surrounded by co-evolving meso-dynamics and macro-economic and macro-social environments, enhances our understanding towards an “organic” industrial policy that focuses on strengthening the multi-level competitiveness.

Keywords: multilevel competitiveness, integrated industrial policy, business dynamics, socio-economic development, micro-meso-macro analysis, competitiveness web

Suggested Citation

Vlados, Charis and Chatzinikolaou, Dimos, Trends on the Conception of Competitiveness and Modern Industrial Policy: The Emergent Field of a New Synthesis (January 1, 2020). European Journal of Business and Innovation Research. Vol. 8, No. 1, pp. 1-18, 2020, Available at SSRN: https://ssrn.com/abstract=3515959

Charis Vlados (Contact Author)

Democritus University of Thrace, Department of Economics ( email )

Komotini
Greece

Dimos Chatzinikolaou

Democritus University of Thrace, Department of Economics ( email )

Komotini
Greece

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