Revisiting the Nexus between Industrial Policy and Regional Economic Resilience in an Era of Grand Societal Challenges

  1. EDURNE MAGRO
Revista:
Hacienda Pública Española / Review of Public Economics

ISSN: 0210-1173

Any de publicació: 2022

Títol de l'exemplar: On understanding the role of the state in innovation and entrepeneurship

Número: 243

Pàgines: 101-122

Tipus: Article

Altres publicacions en: Hacienda Pública Española / Review of Public Economics

Resum

In this paper, we adopt an evolutionary approach to understand the role of industrial policies in developing regional short –and long-term resilience. We take an in-depth look at the different type of policy instruments to categorise the different place-based approaches and industrial policy mixes and explore their role in addressing grand societal challenges. To do so, the paper examines the Basque Country region in Spain, which not only has implemented a long-term industrial policy over the last 40 years but has also demonstrated to be a resilient region during previous crises.

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