scholarly journals Renewing industrial regions? Advanced manufacturing and industrial policy in Britain

2021 ◽  
pp. 1-15
Author(s):  
Peter Sunley ◽  
Emil Evenhuis ◽  
Jack Harris ◽  
Richard Harris ◽  
Ron Martin ◽  
...  
2021 ◽  
Vol 15 (3) ◽  
pp. 6-21
Author(s):  
Yuri Simachev ◽  
◽  
Anna Fedyunina ◽  
Maksim Yurevich ◽  
Mikhail Kuzyk ◽  
...  

Advanced Manufacturing (AM) markets are a major factor of contemporary worldwide growth that to a large extent determines countries’ competitiveness. Strengthening and/or optimizing the positions on AM markets is among the major challenges for modern industrial policy. This article discusses the structure and dynamics of the development of advanced manufacturing markets, as well as the specifics of the policies of the countries strengthening their positions in these markets. Gaining entry into AM markets currently implies individual countries’ and industries’ adopting different models which combine a wide range of factors. Small nations are rapidly applying such approaches, gaining advantages and thus increasing their competitive edge, which creates certain challenges for leading high-tech countries too slow to adjust their industrial policies. So far the basis for Industry 4.0 markets is just emerging, and remains limited to a few nations including developing ones. Country cases are presented below to illustrate the development of AM markets. The authors conclude that in the current context, no universal approaches to shaping a successful industrial policy remain. The most productive strategy is to combine the unique advantages of a particular economy.


2020 ◽  
Vol 19 ◽  
pp. e0200020
Author(s):  
Mateus Lino Labrunie ◽  
Caetano Christophe Rosado Penna ◽  
David Kupfer

This paper analyses recent industrial policy plans made by five leading countries: China, Germany, Japan, United Kingdom and United States. This is done through the analysis of policy documents, using an original framework. Our analysis reveals that these policies have two main motivations. First, the acknowledgement of new technological opportunities and challenges, that allow not only for higher growth rates and competitiveness, but also for addressing ‘societal challenges’ (persistent socio-environmental problems). Second, the growing understanding that, because of the increasing complexity of innovation, private sector efforts alone are not enough, and a higher level of convergence between actors and institutions is needed. We also identify that the policy structures and proposed instruments of these strategies are quite conventional, which contrasts with the rhetoric of these policies. This reveals that the ‘resurgence’ of industrial policies is yet not a return to the ‘old’ policies of the twentieth century, but a new breed, which is much more cautious of interfering with market mechanisms.


Author(s):  
Lindsay Whitfield ◽  
Ole Therkildsen ◽  
Lars Buur ◽  
Anne Mette Kjar
Keyword(s):  

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