IDEAS home Printed from https://ideas.repec.org/a/url/upravl/v10y2019i3p14-24.html
   My bibliography  Save this article

Evolution of institutions for new industrial policy implementation

Author

Listed:
  • Olga A. Romanova

    (Institute of Economics of the Ural Branch of the RAS)

Abstract

A radical restructuring of the global industrial landscape, which involves industrial policy as its main implementation tool, is the crucial peculiarity of economic development today. However, there are still no generally accepted notion of industrial policy, objects of regulation, agreed goals and mechanisms for its implementation. The paper delves into the problems of evolutionary changes in priorities, the central institutions of industrial policy and the development of the conceptual apparatus in this field. Methodologically, the study relies on the synthesis of the provisions of classical institutional theory, the theory of long-term technical and economic development and new structural economics. Comparative research methods and a structural-logical analysis allow the author to scrutinize the changing priorities of industrial policy in Russia, identify the trends in the global technological development that underlie the conceptual principles behind industrial policy implementation in developed countries and establish the most important of them at different stages of the Russian economic development. The author examines tools and forms of industrial policy accelerating the structural transformation of Russia’s economy; justifies the need to modify mechanisms and tools of industrial policy implementation; grounds new tasks aimed at identifying the major trends in the formation of network industrial policy.

Suggested Citation

  • Olga A. Romanova, 2019. "Evolution of institutions for new industrial policy implementation," Upravlenets, Ural State University of Economics, vol. 10(3), pages 14-24, July.
    • Handle: RePEc:url:upravl:v:10:y:2019:i:3:p:14-24
    DOI: 10.29141/2218-5003-2019-10-3-2
    as

    Download full text from publisher

    File URL: http://upravlenets.usue.ru/images/79/2.pdf
    Download Restriction: no
    File URL: http://upravlenets.usue.ru/en/issues-2019/565
    Download Restriction: no
    File URL: https://libkey.io/10.29141/2218-5003-2019-10-3-2?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Justin Yifu Lin, 2011. "New Structural Economics: A Framework for Rethinking Development," The World Bank Research Observer, World Bank, vol. 26(2), pages 193-221, August.
    2. Howard Pack & Kamal Saggi, 2006. "Is There a Case for Industrial Policy? A Critical Survey," The World Bank Research Observer, World Bank, vol. 21(2), pages 267-297.
    3. Pack, Howard & Saggi, Kamal, 2006. "The case for industrial policy : a critical survey," Policy Research Working Paper Series 3839, The World Bank.
    4. V. Tambovtsev., 2017. "Does industrial policy need theoretical justifications?," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 5.
    5. John Beath, 2002. "UK Industrial Policy: Old Tunes on New Instruments?," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 18(2), pages 221-239, June.
    6. V. D. Markova., 2018. "Platform business models," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 10.
    7. G. I. Idrisov & V. N. Knyaginin & A. L. Kudrin & E. S. Rozhkova., 2018. "New technological revolution: Challenges and opportunities for Russia," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 4.
    8. Ken Warwick, 2013. "Beyond Industrial Policy: Emerging Issues and New Trends," OECD Science, Technology and Industry Policy Papers 2, OECD Publishing.
    9. Polterovich, Victor & Popov, Vladimir, 2006. "Эволюционная Теория Экономической Политики: Часть I: Опыт Быстрого Развития [An Evolutionary Theory of Economic Policy: Part I: The Experience of Fast Development]," MPRA Paper 22168, University Library of Munich, Germany.
    10. Kuznetsov, B. & Simachev, Yu., 2014. "Evolution of State Industrial Policy in Russia," Journal of the New Economic Association, New Economic Association, vol. 22(2), pages 152-178.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Olga Romanova, 2018. "Industrial Policy Priorities of Russia in the Context of Challenges of the Fourth Industrial Revolution. Part 1," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 420-432.
    2. Olga Romanova & Alena Ponomareva, 2019. "Theoretical, Institutional and Ethical Basis for Implementing Modern Industrial Policy. Part I," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 13-28.
    3. Simachev, Y. & Kuzyk, M. & Pogrebnyak, E., 2018. "Federal Industrial Policy: Basic Models and Russian Practice," Journal of the New Economic Association, New Economic Association, vol. 39(3), pages 146-154.
    4. S. Sinelnikov-Murylev & A. Radygin & L. Freinkman & N. Glavatskaya (ed.), 2014. "RUSSIAN ECONOMY IN 2013 Trends and Outlooks (Issue 35)," Books, Gaidar Institute for Economic Policy, edition 1, volume 35, number 5.
    5. Yuri Simachev & Mikhail Kuzyk & Boris Kuznetsov & Evgeniy Pogrebnyak, 2014. "Russia on the path towards a new technology industrial policy: Exciting prospects and Fatal Traps," Foresight-Russia Форсайт, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 8(4 (eng)), pages 6-23.
    6. Jingxiao Zhang & Haiyan Xie & Hui Li, 2017. "Positioning and Priorities of Growth Management in Construction Industrialization: Chinese Firm-Level Empirical Research," Sustainability, MDPI, vol. 9(7), pages 1-23, June.
    7. Michiko Iizuka & Mulu Gebreeyesus, 2017. "Using Functions of Innovation Systems to Understand the Successful Emergence of Non-traditional Agricultural Export Industries in Developing Countries: Cases from Ethiopia and Chile," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 29(2), pages 384-403, April.
    8. Finbarr Livesey, 2012. "Rationales for Industrial Policy Based on Industry Maturity," Journal of Industry, Competition and Trade, Springer, vol. 12(3), pages 349-363, September.
    9. Roman Stöllinger & Mario Holzner, 2017. "State Aid and Export Competitiveness in the EU," Journal of Industry, Competition and Trade, Springer, vol. 17(2), pages 203-236, June.
    10. E. B. Lenchuk, 2016. "Course on new industrialization: A global trend of economic development," Studies on Russian Economic Development, Springer, vol. 27(3), pages 332-340, May.
    11. Guo, Yan & Zhang, Haochen, 2022. "Spillovers of innovation subsidies on regional industry growth: Evidence from China," Economic Modelling, Elsevier, vol. 112(C).
    12. Alexander Ebner & Fabian Bocek, 2015. "Best Practices as to How to Support Investment in Intangible Assets. WWWforEurope Working Paper No. 101," WIFO Studies, WIFO, number 58258.
    13. Alessandro Sarra & Claudio Berardino & Davide Quaglione, 2019. "Deindustrialization and the technological intensity of manufacturing subsystems in the European Union," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(1), pages 205-243, April.
    14. Karl Aiginger, 2007. "Industrial Policy: A Dying Breed or A Re-emerging Phoenix," Journal of Industry, Competition and Trade, Springer, vol. 7(3), pages 297-323, December.
    15. Karl Aiginger & Susanne Sieber, 2009. "Industriepolitik in Österreich: von selektiver Intervention zu einem systemischen Ansatz?," WIFO Working Papers 337, WIFO.
    16. Shrimali, Gireesh & Sahoo, Anshuman, 2014. "Has India׳s Solar Mission increased the deployment of domestically produced solar modules?," Energy Policy, Elsevier, vol. 69(C), pages 501-509.
    17. Shastitko, A., 2014. "Industrial and Competition Policy: from Theory to Practice of Interaction," Journal of the New Economic Association, New Economic Association, vol. 22(2), pages 205-209.
    18. Bartesaghi, Paolo & Clemente, Gian Paolo & Grassi, Rosanna & Luu, Duc Thi, 2022. "The multilayer architecture of the global input-output network and its properties," Journal of Economic Behavior & Organization, Elsevier, vol. 204(C), pages 304-341.
    19. Harrison, Ann & Rodríguez-Clare, Andrés, 2010. "Trade, Foreign Investment, and Industrial Policy for Developing Countries," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4039-4214, Elsevier.
    20. Bernard Hoekman & Will Martin & Carlos A. Primo Braga, 2009. "Trade Preference Erosion : Measurement and Policy Response," World Bank Publications - Books, The World Bank Group, number 9437.

    More about this item

    Keywords

    evolution; modern industrial policy; tools for industrial policy implementation; forms of industrial policy implementation; business model; digital state; platform company; network industrial policy.;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:url:upravl:v:10:y:2019:i:3:p:14-24. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Victor Blaginin (email available below). General contact details of provider: https://edirc.repec.org/data/usueeru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.