This paper presents findings from a census of more than 79,000 stock-keeping units (SKUs) in 37 consumer packaged goods categories totaling $55 billion in annual revenue. It shows that, in 86% of product categories, the relationship between market share and retail distribution is increasing and...

In the European Union the commission has the primary right to decide about industrial policy. Note that this includes the possibility to allow actions of member countries as long as these are not in conflict with the interest of the EU. This paper deals with the question whether such an...

A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...

Our concern is with a firm-specific industrial policy. When R&D subsidies or taxes are differentiated among firms, the question arises which firms in an industry should receive such support. We analyze a situation where firms differ in their R&D technologies in two distinct ways: They differ...

In the European Union the commission has the primary right to decide about industrial policy. Note that this includes the possibility to allow actions of member countries as long as these are not in conflict with the interest of the EU. This paper deals with the question whether such an...

A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...

This article 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,...

Korean Abstract: 글로벌 금융위기 이후 정부의 산업 및 금융정책이 재조명되는 상황에서 제4차 산업혁명을 이끌 혁신기업 지원을 위한 정부의 역할에 대한 관심이 고조되고 있다. 본고는 정부의 산업정책에 대한 연구결과를...

A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...

Industrial policy has a bad name. It is commonly identified with policies directed to prevent competition and to pick winners (or save losers) in a discretionary fashion. The recent economic and financial crises have shown that governments lack of policy instruments to enhance growth and help...