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Industrial policy: a systemic and structural New-Shumpeterian vision

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  • Carlos Augusto Grabois Gadelha

Abstract

This article develops a neo-Schumpeterian vision of industrial policy, trying to overcome the focuses worked by the conventional economic theory. It shows the inadequacy of the distinction suggested by the approaches that privilege the horizontal dimension and the ones that plead a selective conception of the industrial politics. The state intervention in the innovations dynamics of the industry should be, simultaneously, systemic and structural, privileging the state action in the systemic interdependences that are specific in relation to the different industries. Like this being, the systemic industrial policy involves options, whose definition depends on the peculiar requirements of competitiveness of the effective and desired industrial structure. JEL Classification: L52; B52.

Suggested Citation

  • Carlos Augusto Grabois Gadelha, 2001. "Industrial policy: a systemic and structural New-Shumpeterian vision," Brazilian Journal of Political Economy, Center of Political Economy, vol. 21(4), pages 763-785.
  • Handle: RePEc:ekm:repojs:v:21:y:2001:i:4:p:763-785:id:999
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/999/984
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    More about this item

    Keywords

    Industrial policy; neo-Schumpeterian analysis; innovation; competition;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;

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