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The New European Industrial Policy and the Case of the ‘Pharmaceuticals and Biotechnology’ Industry

In: Economic Challenges for Europe After the Pandemic

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  • Franco Mosconi

    (University of Parma)

Abstract

During the first two decades of the twenty-first century, industrial policy regained progressively its prominence on the European scene. But what kind of policy are we talking about? This paper tries to answer this question by looking at the approach that the EU—and, in particular, the European Commission—developed between 2002 and 2021. In this context, the EU’s ‘new’ industrial policy is one in which a central position is occupied by the increase of knowledge-based investments and the development of enabling technologies; these two priorities have become quite critical now that manufacturing has made a come-back and is reclaiming its vital role in advancing vibrant economic growth.

Suggested Citation

  • Franco Mosconi, 2022. "The New European Industrial Policy and the Case of the ‘Pharmaceuticals and Biotechnology’ Industry," Springer Proceedings in Business and Economics, in: Luigi Paganetto (ed.), Economic Challenges for Europe After the Pandemic, pages 43-57, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-10302-5_4
    DOI: 10.1007/978-3-031-10302-5_4
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