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Proposals for a digital industrial policy for Europe

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  • Gruber, Harald

Abstract

A digital industrial policy should take into account the new opportunities for industrial policy arising from digitalisation for tackling the sluggish economic growth performance in the Europe. The structural problems and potential market failures related to the adoption of digital technologies are identified. Apart from incentives to invest into digital infrastructure, the policy measures should strengthen the intangible asset base along the value added chain of the digital economy, fostering the related R&D activities, along with the skills of researchers and of workers. Public and private sector financing, combined through financial instruments, should focus on furthering entrepreneurship and implementation of innovative business plans.

Suggested Citation

  • Gruber, Harald, 2019. "Proposals for a digital industrial policy for Europe," Telecommunications Policy, Elsevier, vol. 43(2), pages 116-127.
    • Handle: RePEc:eee:telpol:v:43:y:2019:i:2:p:116-127
    DOI: 10.1016/j.telpol.2018.06.003
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    More about this item

    Keywords

    Industrial policy; Digitalisation; ICT; R&D; Innovation; Investment;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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