This book argues that digital globalization is inducing deep and productive transformations, making industrial policy necessary in order to reorientate development towards inclusive and more sustainable growth. The book also demonstrates that industrialization remains an important development process for emerging countries. Regarding the future of jobs, the authors show how the substitution of labour in automation is not inevitable since technology is also complementary to human capital. Policymakers should pay more attention to the new skills that will be required. A particular concern is is the rapid change in technology and business compared to institutions which take time to adapt. Territories have an important role to play in order to speed-up institutional adaptation, providing they can act coherently with the other levels of government.
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Production, Territories and Structural Change
Edited by Patrizio Bianchi, Clemente R. Durán and Sandrine Labory
Perspectives on Digital Globalisation
Patrizio Bianchi and Sandrine Labory
This book offers a critical reflection on the meaning and expected impact of the fourth industrial revolution, and its implications for industrial policy. Industrial revolutions are considered not only in terms of technological progress, but also in the context of the changing relationship between market and production dynamics, and the social and political conditions enabling the development of new technologies. Industrial Policy for the Manufacturing Revolution aims to increase our capacity to anticipate and adapt to the forthcoming structural changes. A concrete illustration of this industrial policy is provided through an experience of its implementation at regional level.
Edited by Philip Cooke, Mario Davide Parrilli and José Luis Curbelo
Localized creativity, small high-tech entrepreneurship, related innovation platforms, social capital embedded in dynamically open territorial communities and context-specific though continuously upgrading policy platforms are all means to face new challenges and to promote increased absorptive capacity within local and national territories. The contributors illustrate that these capabilities are much needed in the current globalized economy as a path towards sustainability and for creating new opportunities for their inhabitants. They analyse the challenges and development prospects of local/regional production systems internally, across territories, and in terms of their potential and territorial connectivity which can help exploit opportunities for proactive policy actions. This is increasingly relevant in the current climate, in which the balanced allocation of resources and opportunities, particularly for SMEs, cannot be expected to be the automatic result of the working of the market.
Edited by Akifumi Kuchiki and Masatsugu Tsuji
This lucid and informative book analyzes the problem of clusters in transition through studies of agglomerations at different stages of development in various East Asian countries.
Dynamics of New Industrial Knowledge Flows
Edited by Philip Cooke, Carla De Laurentis, Stewart MacNeill and Chris Collinge
This ground-breaking book offers a coherent theoretical analysis of contemporary industrial knowledge flow dynamics. Furthermore, it advances wide-ranging and varied empirical findings from international comparative research which demonstrate that knowledge cross-pollination, often from industrially unrelated business sectors, is now commonplace in the economics of innovation. This, the authors argue, represents the rise of an externalized ‘matrix’ of knowledge flow dynamics among firms and industries. The book also examines related economic governance research that reveals the catalytic role that leading innovation policy agencies play in animating knowledge flow dynamics, particularly at the regional level. The chapters address various sectors including food and drink, biotechnology, ICT, new media, the automotive industry and tourism.
A Global Perspective
Edited by Masatsugo Tsuji, Emanuelo Giovannetti and Mitsuhiro Kagami
This book, a collaborative effort by researchers from Japan, Italy and the USA, seeks to explore the reasons for industrial clustering in certain regions of Asia, Europe and North America. The studies presented illustrate real examples of industrial clusters, adding anecdotal evidence to the emerging theory of economic geography by exemplifying the centripetal and centrifugal forces that regulate the clustering process. The authors examine clusters in a diverse set of countries including China, Italy, Japan, Mexico, South Korea, the USA and Vietnam. Significantly, the book provides an interesting split between studies of IT and software-related industries, and more traditional sectors, such as steel and vehicle manufacturing.