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Industrial policy in France: in search of lost time

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  • Philippe Mustar

    (MINES ParisTech, PSL Research University)

Abstract

The article is a contribution to the debate on industrial policy launched by this special issue. It considers that before the question of industrial policy can be tackled, it is crucial to identify what is wrong with industry today, and which causes 21st-century industrial policy should deal with. The paper documents why the deficit of manufactured goods in the French trade balance is a major problem. It shows that the ability to maintain robust industrial capacity on French soil means to keep a capacity to innovate. It goes on to present several horizontal and vertical instruments used by public authorities to try to boost the competitiveness of French industrial companies, or to “reindustrialize the country”. These numerous actions raise the question of the state’s strategic vision of industrial policy. Aligning macroeconomic and sectorial policies stays a major challenge.

Suggested Citation

  • Philippe Mustar, 2016. "Industrial policy in France: in search of lost time," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(3), pages 305-313, September.
    • Handle: RePEc:spr:epolin:v:43:y:2016:i:3:d:10.1007_s40812-016-0036-7
    DOI: 10.1007/s40812-016-0036-7
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    References listed on IDEAS

    as
    1. Thierry Weil & Pierre-Noël Giraud, 2013. "L'industrie française décroche-t-elle ?," Post-Print hal-00869752, HAL.
    2. Philippe Mustar, 1994. "Organisations, technologies et marchés en création : la genèse des PME high tech," Revue d'Économie Industrielle, Programme National Persée, vol. 67(1), pages 156-174.
    3. Mustar, Philippe & Laredo, Philippe, 2002. "Innovation and research policy in France (1980-2000) or the disappearance of the Colbertist state," Research Policy, Elsevier, vol. 31(1), pages 55-72, January.
    4. Lilas Demmou, 2010. "Le recul de l’emploi industriel en France entre 1980 et 2007. Ampleur et principaux déterminants : un état des lieux," Économie et Statistique, Programme National Persée, vol. 438(1), pages 273-296.
    5. Matteo Lucchese & Leopoldo Nascia & Mario Pianta, 2016. "Industrial policy and technology in Italy," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(3), pages 233-260, September.
    6. Clarysse, Bart & Wright, Mike & Mustar, Philippe, 2009. "Behavioural additionality of R&D subsidies: A learning perspective," Research Policy, Elsevier, vol. 38(10), pages 1517-1533, December.
    7. Philippe Mustar & Mike Wright, 2010. "Convergence or path dependency in policies to foster the creation of university spin-off firms? A comparison of France and the United Kingdom," The Journal of Technology Transfer, Springer, vol. 35(1), pages 42-65, February.
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    Cited by:

    1. Alessandro Sterlacchini, 2017. "The intensity of business R&D in Italy: why reducing the gap with the EU is possible and worthwhile," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 44(2), pages 245-257, June.
    2. Nurzhanat Sherimova & Baurzhan Isabekov & Miras Alkeev & Zhanna Yermekova & Tatyana Ostryanina, 2022. "An analytical assessment of industrial sector innovative management in the context of digitalization," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-13, December.

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    More about this item

    Keywords

    Industrial policy; Manufacturing industry; Innovation; France;
    All these keywords.

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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