Moonshots and the New Industrial Policy

This open access book raises some central questions: Do we need moonshot policies to spur innovation and economic growth? What are the risks associated with such policies? Economic turbulence, the COVID-19 pandemic, and mounting environmental concerns have paved the way for a renaissance of targeted...

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collection Directory of Open Access Books
description This open access book raises some central questions: Do we need moonshot policies to spur innovation and economic growth? What are the risks associated with such policies? Economic turbulence, the COVID-19 pandemic, and mounting environmental concerns have paved the way for a renaissance of targeted industrial policy. In particular, the idea that society should be organized around large missions is gaining momentum among high-income economies. However, the authors and editors of this volume contend that this shift has occurred without much critical examination, especially as the European Union has adopted these ideas, and Western economies are now increasingly organizing toward the achievement of large, state-formulated goals. Recognizing the urgent need for continued scholarly attention to question notions of the mission economy, more than 20 scholars discuss the dangers of top-down/vertical approaches to industrial policy and draw attention to the progress of independent enterprise, entrepreneurialism, and market solutions in a sound economy and society. By critically examining mission-oriented innovation policies, using theoretical perspectives and empirical investigations, the book highlights both the mechanisms behind failed missions and alternative approaches. This is a must-read for policy researchers and policymakers alike.
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spelling doab-20.500.12854ir-1340962025-07-17T10:00:38Z Moonshots and the New Industrial Policy Henrekson, Magnus Sandström, Christian Stenkula, Mikael Moonshot policies Mission-oriented policy Innovation stimulation Innovation policy European Union Economic turbulences Economic growth Policy debate Welfare-oriented policies Failed missions thema EDItEUR::K Economics, Finance, Business and Management::KC Economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPH Political structure and processes thema EDItEUR::K Economics, Finance, Business and Management::KC Economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPH Political structure and processes This open access book raises some central questions: Do we need moonshot policies to spur innovation and economic growth? What are the risks associated with such policies? Economic turbulence, the COVID-19 pandemic, and mounting environmental concerns have paved the way for a renaissance of targeted industrial policy. In particular, the idea that society should be organized around large missions is gaining momentum among high-income economies. However, the authors and editors of this volume contend that this shift has occurred without much critical examination, especially as the European Union has adopted these ideas, and Western economies are now increasingly organizing toward the achievement of large, state-formulated goals. Recognizing the urgent need for continued scholarly attention to question notions of the mission economy, more than 20 scholars discuss the dangers of top-down/vertical approaches to industrial policy and draw attention to the progress of independent enterprise, entrepreneurialism, and market solutions in a sound economy and society. By critically examining mission-oriented innovation policies, using theoretical perspectives and empirical investigations, the book highlights both the mechanisms behind failed missions and alternative approaches. This is a must-read for policy researchers and policymakers alike. 2024-02-14T04:03:54Z 2024-02-14T04:03:54Z 2024-02-13T16:11:39Z 2024 book ONIX_20240213_9783031491962_13 OCN: 1422039609 https://library.oapen.org/handle/20.500.12657/87626 9783031491962 9783031491955 https://directory.doabooks.org/handle/20.500.12854/134096 eng International Studies in Entrepreneurship open access image/jpeg image/jpeg image/jpeg n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/87626/1/978-3-031-49196-2.pdf https://library.oapen.org/bitstream/20.500.12657/87626/1/978-3-031-49196-2.pdf https://library.oapen.org/bitstream/20.500.12657/87626/1/978-3-031-49196-2.pdf Springer Nature Springer Nature Switzerland 10.1007/978-3-031-49196-2 10.1007/978-3-031-49196-2 9fa3421d-f917-4153-b9ab-fc337c396b5a 9783031491962 9783031491955 Springer Nature Switzerland 331 Cham open access
spellingShingle Moonshot policies
Mission-oriented policy
Innovation stimulation
Innovation policy
European Union
Economic turbulences
Economic growth
Policy debate
Welfare-oriented policies
Failed missions
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPH Political structure and processes
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPH Political structure and processes
Moonshots and the New Industrial Policy
title Moonshots and the New Industrial Policy
title_full Moonshots and the New Industrial Policy
title_fullStr Moonshots and the New Industrial Policy
title_full_unstemmed Moonshots and the New Industrial Policy
title_short Moonshots and the New Industrial Policy
title_sort moonshots and the new industrial policy
topic Moonshot policies
Mission-oriented policy
Innovation stimulation
Innovation policy
European Union
Economic turbulences
Economic growth
Policy debate
Welfare-oriented policies
Failed missions
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPH Political structure and processes
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPH Political structure and processes
topic_facet Moonshot policies
Mission-oriented policy
Innovation stimulation
Innovation policy
European Union
Economic turbulences
Economic growth
Policy debate
Welfare-oriented policies
Failed missions
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPH Political structure and processes
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPH Political structure and processes
url ONIX_20240213_9783031491962_13