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Industrial Policy for the Manufacturing Revolution

Perspectives on Digital Globalisation Patrizio Bianchi and Sandrine Labory, Department of Economics and Management, University of Ferrara, Italy
This book offers a critical reflection on the meaning and expected impact of the fourth industrial revolution, and its implications for industrial policy. Industrial revolutions are considered not only in terms of technological progress, but also in the context of the changing relationship between market and production dynamics, and the social and political conditions enabling the development of new technologies. Industrial Policy for the Manufacturing Revolution aims to increase our capacity to anticipate and adapt to the forthcoming structural changes. A concrete illustration of this industrial policy is provided through an experience of its implementation at regional level.
Extent: 192 pp
Hardback Price: $105.00 Web: $94.50
Publication Date: 2018
ISBN: 978 1 78643 031 1
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  • Economics and Finance
  • Industrial Economics
  • Regional Economics
  • Innovation and Technology
  • Technology and ICT
  • Urban and Regional Studies
  • Regional Economics
The fourth industrial revolution is having a major impact on industry and societies primarily because of what has been called its raw material: data. New technologies are allowing hyper-connection on a global scale, not only between people, but also between people and machines and, in the case of the Internet of Things, even amongst machines themselves. This book offers a critical reflection on the meaning and expected consequences of the fourth industrial revolution, with a particular focus on the advent of digital globalisation and its implications for industrial policy. Industrial revolutions are considered not only in terms of technological progress, but also in the context of the changing relationship between market and production dynamics, and the social and political conditions enabling the development of new technologies.

Industrial Policy for the Manufacturing Revolution aims to increase our capacity to anticipate and adapt to the forthcoming structural changes. It outlines the type of industrial policy and strategies that are needed in this era of rapid transformation. The authors propose a ‘comprehensive industrial policy’ that considers the complexity of structural changes involving industry as well as institutions and social and education policies, in order to encourage the participation of all citizens in the development process. The book also features a concrete example of comprehensive industrial policy implementation at the regional level.

This stimulating and thoughtful book makes the case that industrial policies are more vital than ever, particularly now as the economy undergoes a technological revolution. It will be required reading for all those interested in industrial economics and policy, business and technology.
Contents: 1. Introduction: Globalisation and the Manufacturing Revolution 2. The first Manufacturing Revolutions: not just Technological Change 3. The Fourth Industrial Revolution 4. New modes of interacting on markets: online platforms 5. A concrete experiment of industrial policy for the Manufacturing Revolution 6. Conclusions: Industrial Policy for the Manufacturing Revolution Index