Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/53974 
Year of Publication: 
2011
Series/Report no.: 
WIDER Working Paper No. 2011/80
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
Unlike in the past where industrial policy was either focused on creation and growth of state-owned firms or alternatively consisted merely of broadly functional policies without consideration for firm or entrepreneurial specifics, the requirement now is that future industrial policy ought to be a nuanced partnership between entrepreneurs and the state. In this paper we outline some considerations for such an industrial policy where the entrepreneur-state nexus is paramount. Moreover, we argue that such an industrial policy will need to take into consideration that the entrepreneur-state nexus is evolving, and that it depends on the stage of development of a particular country.
Subjects: 
entrepreneurship
industrialization
structural change
industrial policy
innovation
development
JEL: 
O32
L52
L53
M13
ISBN: 
978-92-9230-447-8
Document Type: 
Working Paper

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