Shifting patterns in the application of industrial policy

Submitted by administrateur on Fri, 05/01/2020 - 12:44

Publication Type:

Journal Article

Authors:

Source:

International Journal of Automotive Technology and Management, Volume 20, Number 1, p.50-75 (2020)

URL:

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85080114713&doi=10.1504%2fIJATM.2020.105307&partnerID=40&md5=c3b898facbd28c26cf676f8e34a597ea

Abstract:

The practice of industrial policy in economically advanced jurisdictions is examined, focusing on the post 2000 period. Building from literature and cases from the Canadian automotive industry, the paper demonstrates how actors engaged in the application of industrial policy in economically advanced, high labour cost jurisdictions have responded to shifting pressures and opportunities. Explanation is provided for how those changes have caused objectives to broaden from a focus on manufacturing to industrial R&D. While vertical industrial policy tools endure, the transition has prompted increased emphasis on horizontal industrial policy instruments. The cases also demonstrate that a shift has occurred from externally-generated projects towards internal, organic forms of development, a change that has elevated the primacy of internal, corporate champions in firm level investment attraction. Copyright © 2020 Inderscience Enterprises Ltd.