European Competition and Industrial Policy: An Assessment and a New Framework

Glykou, I; Pitelis, C

European Competition and Industrial Policy: An Assessment and a New Framework

Glykou, I Pitelis, C

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Publisher:: Edward Elgar Publishing
Publication Type:: Chapter
Citation:: Innovation, Growth and Competitiveness: Dynamic Regions in the Knowledge-Based World Economy, 2011, 1, pp. 343 - 380
Issue Date:: 2011-01

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Field	Value	Language
dc.contributor.author	Glykou, I	en_US
dc.contributor.author	Pitelis, C	en_US
dc.contributor.editor	Nijkamp, P	en_US
dc.contributor.editor	Siedschlag, I	en_US
dc.date.issued	2011-01	en_US
dc.identifier.citation	Innovation, Growth and Competitiveness: Dynamic Regions in the Knowledge-Based World Economy, 2011, 1, pp. 343 - 380	en_US
dc.identifier.isbn	978-3-642-14964-1	en_US
dc.identifier.uri	http://hdl.handle.net/10453/29925
dc.description.abstract	This chapter discusses alternative perspectives on privatepublic interactions and supply-side competition and industrial policies in theory and in practice. It also critically assesses recent European policies in this context. It then develops a new framework that emphasises the sustainability of value creation at the firm, meso and national levels, and explores its policy implications. It views current EU policies as a step in the right direction, but argues that they need to pay more attention to the issue of economic sustainability, the link between corporate, public and global governance, and the impact of different power structures and hierarchies of agencies on industrial policies for sustainable value creation. The limitations of self-monitoring and diversity suggest the need for a global competition and regulatory policy regime that place sustainability at the core of its Agenda.	en_US
dc.publisher	Edward Elgar Publishing	en_US
dc.relation.ispartof	Innovation, Growth and Competitiveness: Dynamic Regions in the Knowledge-Based World Economy	en_US
dc.relation.isbasedon	10.1007/978-3-642-14965-8_15	en_US
dc.title	European Competition and Industrial Policy: An Assessment and a New Framework	en_US
dc.type	Chapter
utslib.location	Cheltenham	en_US
utslib.for	1503 Business and Management	en_US
utslib.citation.edition	1	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Management Discipline
utslib.copyright.status	closed_access
pubs.consider-herdc	false	en_US
pubs.edition	1	en_US
pubs.place-of-publication	Cheltenham	en_US

Abstract:

This chapter discusses alternative perspectives on privatepublic interactions and supply-side competition and industrial policies in theory and in practice. It also critically assesses recent European policies in this context. It then develops a new framework that emphasises the sustainability of value creation at the firm, meso and national levels, and explores its policy implications. It views current EU policies as a step in the right direction, but argues that they need to pay more attention to the issue of economic sustainability, the link between corporate, public and global governance, and the impact of different power structures and hierarchies of agencies on industrial policies for sustainable value creation. The limitations of self-monitoring and diversity suggest the need for a global competition and regulatory policy regime that place sustainability at the core of its Agenda.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/29925