CUED Publications database

How should governments support the emergence of new industries in leading economies?

Livesey, F (2013) How should governments support the emergence of new industries in leading economies? International Journal of Public Policy, 9. pp. 108-130. ISSN 1740-0600

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Abstract

Over the past 30 years, developed economies' approaches to supporting growth have focused on competitiveness, entrepreneurship and innovation to varying degrees. However, following the credit crisis and global recession in 2008 there has been demand for an updated narrative of growth based on the emergence of new industries. This paper provides a brief review of the available literature on how governments in leading economies can support new industries to emerge to the benefit of their national economy, discusses a number of issues for governments trying to support emerging industries, provides a framework of activities which governments considering this type of intervention should consider, and discusses the case of the regenerative medicine industry in the UK using the framework. Copyright © 2013 Inderscience Enterprises Ltd.

Item Type: Article
Uncontrolled Keywords: Growth Industry emergence Public policy
Subjects: UNSPECIFIED
Divisions: Div E > Strategy and Policy
Div E > Economics and Policy
Depositing User: Cron Job
Date Deposited: 07 Mar 2014 12:13
Last Modified: 08 Dec 2014 02:19
DOI: 10.1504/IJPP.2013.053436