{"id":123202,"date":"2024-01-23T08:24:17","date_gmt":"2024-01-23T07:24:17","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/123202\/"},"modified":"2024-11-14T13:00:45","modified_gmt":"2024-11-14T12:00:45","slug":"competitiveness-and-industrial-policy-from-rationalities-of-failure-towards-the-ability-to-evolve-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/123202\/","title":{"rendered":"Competitiveness and Industrial Policy: From Rationalities of Failure Towards the Ability to Evolve"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-123202","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"This paper elaborates a dynamic rationale of industrial policy, focusing on how to strengthen the socio-economic system's ability to evolve, i.e., how to achieve high real income together with qualitative change. It highlights that the ubiquitous rationalities of failure, be it of markets, governments, or systems, are rooted in a peculiar habit of accepting hypothetical perfect states as normative benchmarks. In contrast, a dynamic logic of intervention should start from the question, what the system aims to accomplish. Combining the structuralist ontology of micro, meso and macro with the functional principles of evolutionary change, the paper proposes a general typology of economic policies based on their respective contributions to the system's ability to evolve.","onlinedate":"2016-01-08 12:00:00","lang":"English","publication_series":"","publication_date":"20160101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"40","keywords":"[\"Industrial policy\",\"competitiveness\",\"evolutionary economics\",\"structural change\"]","jelcodes":"[]","related_publications":"[]","pdf":414352,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"505","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":"2016-01-08 12:00:00","types":[44410],"research_groups":[3491],"collaboration":"","persons":[3776],"persons_data":"[{\"personId\":3776,\"personName\":\"Michael Peneder\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Peneder, M.<\\\/span> (2016). <span>Competitiveness and Industrial Policy: From Rationalities of Failure Towards the Ability to Evolve<\\\/span>. <span><em>WIFO Working Papers<\\\/em><\\\/span>, (505). <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/58594\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/58594<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Peneder M<\\\/span>. <span class=\\\"title\\\"><span>Competitiveness and Industrial Policy: From Rationalities of Failure Towards the Ability to Evolve<\\\/span><\\\/span>. <span>WIFO Working Papers<\\\/span>. 2016 Jan;(505).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{7afeacc0ec97437d82bf129e48526aa7,<\\\/div><div>  title    = \\\"Competitiveness and Industrial Policy: From Rationalities of Failure Towards the Ability to Evolve\\\",<\\\/div><div>  abstract = \\\"This paper elaborates a dynamic rationale of industrial policy, focusing on how to strengthen the socio-economic system's ability to evolve, i.e., how to achieve high real income together with qualitative change. It highlights that the ubiquitous rationalities of failure, be it of markets, governments, or systems, are rooted in a peculiar habit of accepting hypothetical perfect states as normative benchmarks. In contrast, a dynamic logic of intervention should start from the question, what the system aims to accomplish. Combining the structuralist ontology of micro, meso and macro with the functional principles of evolutionary change, the paper proposes a general typology of economic policies based on their respective contributions to the system's ability to evolve.\\\",<\\\/div><div>  keywords = \\\"Industrial policy, competitiveness, evolutionary economics, structural change, Industrial policy, competitiveness, evolutionary economics, structural change\\\",<\\\/div><div>  author   = \\\"Michael Peneder\\\",<\\\/div><div>  note     = \\\"Competitiveness and Industrial Policy\\\",<\\\/div><div>  year     = \\\"2016\\\",<\\\/div><div>  month    = jan,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO Working Papers\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Competitiveness and Industrial Policy: From Rationalities of Failure Towards the Ability to Evolve<\\\/p><p>AU  - Peneder, Michael<\\\/p><p>N1  - Competitiveness and Industrial Policy<\\\/p><p>PY  - 2016\\\/1<\\\/p><p>Y1  - 2016\\\/1<\\\/p><p>N2  - This paper elaborates a dynamic rationale of industrial policy, focusing on how to strengthen the socio-economic system's ability to evolve, i.e., how to achieve high real income together with qualitative change. It highlights that the ubiquitous rationalities of failure, be it of markets, governments, or systems, are rooted in a peculiar habit of accepting hypothetical perfect states as normative benchmarks. In contrast, a dynamic logic of intervention should start from the question, what the system aims to accomplish. Combining the structuralist ontology of micro, meso and macro with the functional principles of evolutionary change, the paper proposes a general typology of economic policies based on their respective contributions to the system's ability to evolve.<\\\/p><p>AB  - This paper elaborates a dynamic rationale of industrial policy, focusing on how to strengthen the socio-economic system's ability to evolve, i.e., how to achieve high real income together with qualitative change. It highlights that the ubiquitous rationalities of failure, be it of markets, governments, or systems, are rooted in a peculiar habit of accepting hypothetical perfect states as normative benchmarks. In contrast, a dynamic logic of intervention should start from the question, what the system aims to accomplish. 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