Some insights to reinvent industrial strategy in developing countries Online publication date: Tue, 06-Jun-2006
by Sanjaya Lall
International Journal of Technology Management (IJTM), Vol. 36, No. 1/2/3, 2006
Abstract: This paper briefly discusses the issues of current globalisation and the growing divergence in competitive performance in the developing world. The paper then considers the case for industrial policy, arguing that government interventions are necessary to overcome market failures in building the technological capabilities required for industrial development.
Online publication date: Tue, 06-Jun-2006
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