Conclusion

2021 ◽  
pp. 184-202
Author(s):  
Jonas Nahm
Keyword(s):  
Renewable Energy ◽  
Comparative Analysis ◽  
Industrial Policy ◽  
Recent Past ◽  
Global Collaboration ◽  
Role Of Government ◽  
Emerging Industries ◽  
Industrial Specialization ◽  
Climate Crisis

Chapter 7 concludes by returning to a comparative analysis, reflecting on what can be generalized from the cases of emerging industries presented in this book to broader questions of the role of government in industrial policy in fragmented, global sectors. It presents comparative data from the automobile and electronics industries to show that, even in legacy sectors, distinct national patterns of industrial specialization have shifted the nexus of innovation to global collaboration. The chapter concludes with an epilogue on developments in wind and solar sectors in the very recent past, when unsettled trade relationships with China have begun to undermine the collaborative nature of innovation in renewable energy industries and examines their impact on global attempts to solve the climate crisis.

scholarly journals Industrial Policy in Britain since 1970: Changing Values, Assumptions and Mechanisms

2017 ◽  
Vol 58 (1) ◽  
pp. 35-57
Author(s):  
Martin Chick
Keyword(s):  
Industrial Policy ◽  
Capital Investment ◽  
Supply Side ◽  
Demand Side ◽  
Role Of Government ◽  
Market Inefficiency ◽  
Quality Of Supply ◽  
Supply Side Factors

Abstract This article examines the change in the fundamental assumptions underpinning industrial policy from the mid-1970s in Britain. It necessarily contrasts the broadly supply-side concerns of industrial policy from the mid-1970s with the more demand-side concerns of the earlier ‘Golden Age’ period from 1945. Where in the earlier period the emphasis in industrial policy was on capital investment and the role of government in compensating for perceived market inefficiency, from the late 1970s this emphasis shifted to the need to improve the flexibility and quality of supply-side factors allied to a more optimistic view of the ability of the market to secure efficient outcomes.

The Proper Role of Government in Renewable Energy Development: Theory and Practices in China

2012 ◽  
Vol 524-527 ◽  
pp. 2940-2943
Author(s):  
Kai Zhao
Keyword(s):  
Renewable Energy ◽  
Energy Development ◽  
Development Theory ◽  
Role Of Government ◽  
Proper Role ◽  
Renewable Energy Development ◽  
Incentive Policies ◽  
The Government ◽  
China Today

The proper role of government in economic development is one of the biggest single issues confronting China today. The paper attempts to trace and describe the role played by the government in renewable energy development. The goals focused in the article are two ones. The first one is to explore the theoretical basis on the role of government. The second one is to examine the practices in China. Based on the analysis of theory and practices in China, the paper argues that government propelling is quite crucial to renewable energy development, and concludes that further incentive policies and implementation system should be improved.

scholarly journals RESEARCH ON FINANCING ECOLOGY AND FINANCING EFFICIENCY OF STRATEGIC EMERGING INDUSTRIES IN CHINA

2019 ◽  
Vol 20 (2) ◽  
pp. 311-329 ◽  
Author(s):  
Ke Xu ◽  
Chengxuan Geng ◽  
Xiaoshu Wei
Keyword(s):  
Financial Development ◽  
Continuous Improvement ◽  
Index System ◽  
External Financing ◽  
Role Of Government ◽  
Endogenous Factors ◽  
Emerging Industries ◽  
Internal Financing ◽  
Full Consideration

After integrating external ecological and endogenous factors of the development of the industry, the paper builds a financing ecology index system, and analyses the financing ecology of strategic emerging industries in recent years. Then the paper further analyses the influence of external and internal financing ecology on financing efficiency. The results show that the financing ecology of the strategic emerging industries, external financing ecology in particular, is in the continuous improvement. The financing efficiency is significantly positively correlated with the macro-economy level and the internal financing ecology, and significantly negatively correlated with the role of government. There is a positive but non-significant correlation between financial development and financing efficiency, meanwhile a negative and non-significant correlation between credit environment and financing efficiency. The internal and external financing ecology can be replaced to some extent. Therefore, the strategic emerging industries should give full consideration to the synergistic optimization of the endogenous factors and external financing ecology so as to improve the financing efficiency.

scholarly journals Takeover activities in the last European merger wave: A cross-country comparison

2009 ◽  
Vol 6 (3) ◽  
pp. 8-25 ◽  
Author(s):  
Mirella Damiani ◽  
Fabrizio Pompei
Keyword(s):  
Corporate Governance ◽  
New Wave ◽  
Emerging Industries ◽  
Merger Wave ◽  
Technological Regimes ◽  
Industrial Specialization ◽  
Governance Systems ◽  
European Experience ◽  
Declining Industries

The efficiency of “markets vs corporations” in reallocating assets, changing industry structure and moving capital from declining industries to emerging industries is a very important issue. The vast literature on this subject has examined the role played by corporate governance systems, technological shocks and institutional factors in triggering mergers and takeovers, but has not considered the specific influence that technological regimes of innovation can exert in reallocating assets and moving capital among sectors. In the present work we attempt to fill this gap, evaluating on empirical grounds not only the role of corporate governance systems and investor protection factors, but also the influence that alternative technological regimes can play on mergers and takeovers. This comprehensive analysis is another step along the lines suggested by Hall and Soskice (2001), two authors who have shown that the industrial specialization of each country may be seen in its complementarity with its institutional framework. Until now, this complementarity between production regimes and varieties of capitalism has not been fully explored in terms of the role of the market for corporate control. The present paper is a first attempt at filling this gap, by taking into account the European experience of the last few years (2002-2005) which seems to mark a new wave in M&A activities.

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