I study the impact of industrial policy on industrial development by considering an important episode during the East Asian miracle: South Korea’s heavy and chemical industry (HCI) drive, 1973–1979. Based on newly assembled data, I use the introduction and termination of industrial policies...

The pharmaceuticals and chemical industries are often viewed as 'Sun Rise' industries, providing skilled jobs as well as technology transfer and other linkages into the local innovation system. Policy in India and elsewhere has also been favourable to these industries for their capacity to...

It is widely acknowledged that young ventures and fast growing firms have a strong impact on economic growth and employment creation. It is not only entrepreneurial dynamics associated to entry and exit of new ventures, but also the ability of firms to survive and grow, that is important for...