The paper argues that existing turbulent environments and Radical Uncertainty compell policy makers to be adaptive (Metcalfe 1995; Metcalfe and Gherghiou 1998); and that this implies the need of having a Strategic Level of Innovation Policy (broadly defined) which operates side by side with...

There are policies that drive catching-up industrialization other than, but related to, those focused on FDI inflows. The shortening of catching-up periods owes much to the increasing effectiveness of policies addressing education and training, entrepreneurship development and domestic...