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<p>This paper posits that what has been currently understood as a new return of industrial policies is actually a vague and rhetorical usage of the notion, as the current framework lacks the proper understanding of industrial policies as instruments to firstly, orient the rate and direction of technical change; secondly, govern and shape the direction of collective answers to major challenges; thirdly, promote alliances beyond different and possibly conflicting interests, bringing together actors and institutions with the ability to undertake social coordination at the benefit of society. Overall, this contribution advocates a new political economy of industrial policies, going beyond simple and mostly ineffective “incentives”, such as tax deductions.</p>

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Industrial policies for global commons: why it is time to think of the ghetto rather than of the moon

  • 期刊论文

  • 出版模式：

    开放获取

  • 发表日期：

    2025年4月15日

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  • Giovanni Dosi,
  • Lorenzo Cresti,
  • Federico Riccio,
  • Maria Enrica Virgillito

摘要

This paper posits that what has been currently understood as a new return of industrial policies is actually a vague and rhetorical usage of the notion, as the current framework lacks the proper understanding of industrial policies as instruments to firstly, orient the rate and direction of technical change; secondly, govern and shape the direction of collective answers to major challenges; thirdly, promote alliances beyond different and possibly conflicting interests, bringing together actors and institutions with the ability to undertake social coordination at the benefit of society. Overall, this contribution advocates a new political economy of industrial policies, going beyond simple and mostly ineffective “incentives”, such as tax deductions.