Industrial Development : How States Build Capabilities and Deliver Economic Prosperity book cover
1st Edition

Industrial Development
How States Build Capabilities and Deliver Economic Prosperity

ISBN 9781032075655
Published November 11, 2021 by Routledge
236 Pages 1 B/W Illustrations

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USD $160.00

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Book Description

Governments are regularly judged by their ability to deliver economic prosperity, however many policies fail to deliver their desired outcomes. Industrial Development examines historical examples of how governments have attempted to build productive capabilities and promote industrial learning. Each chapter shows a different way in which this is done whether it is imitating existing production technologies, building new advanced technologies, tapping into existing global chains or building their own value chains.

The book looks at a wide spectrum of countries and industries from Silicon Valley to the early Asian model of building domestic industries. The book also reveals that academics and policy makers can be a major source of policy failure.

This book makes an important contribution to our understanding of capability building, industrial development and economic growth and will be an essential reading for economists, policy makers and government officials making policy in a global economy.

Table of Contents

1. Introduction 2. Silicon Valley, Trajectories and Government Policy 3. Trajectories, Competitive Advantage and Learning 4. Industrial Policy Debates 5. Policy Options 6. The Early Asian Model: Building domestic businesses 7. Capability Building for a Global Economy: Singapore and Ireland 8. Building Global Networks: New Zealand and Brazil 9. Building at the Technological Frontier 10. Creating New Knowledge: R&D and Universities 11. Entrepreneurship Policy: Learning to build new businesses 12. Place-based Policies for Growth 13. Social Capital: Building capabilities to work together 14. Human Capital and Diversity: Acquiring workers capabilities 15. Conclusion

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Greg Clydesdale- This is the fourth book that Dr Clydesdale has written on economic growth and wealth creation.  His first book Entrepreneurial Opportunities examined the features that make new business formation possible. In his second book Waves of Prosperity, he explains how productive capabilities have changed throughout history with a consequent change in a nation’s wealth. In his latest book, Reducing Intergenerational Ethnic Poverty, Dr Clydesdale examined how productive capabilities can be improved at the individual level. Finally, in the proposed book, Dr Clydesdale draws further on history to explore how government policy has been used to build productive capabilities.