Shut Out? South East Europe and the EU's New Industrial Policy

The role of the financial sector in the process of industrialisation in Central and Eastern European countries

“…In the late 1980s, with the creation of the E.U. Single Market, this 'vertical' industrial policy lost favour as the Reagan-Thatcher economic policies emphasised the withdrawal of the state from economic management, the privatisation of state-owned enterprises, a greater reliance on market forces and the creation of a business-friendly 'investment climate' in which the spontaneous forces of the market would decide which industries or sectors would prosper, and which would fall by the wayside (Bartlett, 2014). Under the new pro-competition 'horizontal' approach to industrial policy, the role of the government was to enable a growth-enhancing environment, ensuring the quality of institutions which will create a competitive market.…”

“…Under the new pro-competition 'horizontal' approach to industrial policy, the role of the government was to enable a growth-enhancing environment, ensuring the quality of institutions which will create a competitive market. These new industrial policies have been designed to support privatisation and small-to-medium enterprises (S.M.E.s), develop technology parks and local industrial clusters, and promote the transfer of knowledge from universities and research institutes to the business sector (Bartlett, 2014). The recent global financial crises, and the shift of economic power to new emerging economies in East Asia and the rise of the B.R.I.C.…”

National Innovation System: Where do Government and Business Diverge?

“…There is a comprehensive consensus among scientists that innovation represents a source of competitive advantage of firms (Ireland & Webb, 2007), whereby the national institutional frameworks regularly support them within their shared innovation ecosystems (Isenberg, 2010;Spigel, 2017). The research gap in the analytical analysis of systematic problems in innovation policy is discussed by Perrels (2001), Edquist (2005Edquist ( , 2011, Edler and Fagerberg (2017), Mazzucato and Semieniuk (2017), and innovation policy in CEE countries in the works of Švarc (2006) and Bartlett (2014).…”

Regional Competitiveness in the Context of “New Industrial Policy” – The Case of Croatia

“…Policy programmes and policy instruments were drawn based on small and medium sized enterprises (SMEs) needs. New programmes supported SMEs at a local level through the creation of decentralised business networks and industrial clusters, with an emphasis on RISs, the "knowledge economy" and "knowledge transfer" from public research and higher education institutions to the business sector (Bartlett 2014, referring to Cooke, 2001.…”