Firms, employment, territories and post Covid-19 industrial policy

Alessandro Arrighetti, Marco Bellandi, Patrizio Bianchi and Sandrine Labory

L'industria, 2021, issue 4, 597-620

Abstract: this paper contributes to the debate on the new industrial policies, particularly those aimed at the recovery post Covid-19 pandemic. We propose an approach that integrates the reference to three pillars of the new industrial policies, together with the method exploiting the complementarity between instruments, and three selection criteria. The latter regard the necessity to enhance quality jobs, collective goods related to the emergent needs of territorial communities, and investments in education and training. We use this approach to derive indications on the type of actions to be implemented for Italian firms and productive systems after the emergency and in face of long run technological, environmental and social challenges. For this purpose, we identify four groups of firms, which allow us to argue on the need for an appropriate differentiation of complementary action sets within the themes and common lines of policy derived from the priority criteria. The groups include firms facing demand compression, firms with development constraints due to resource interdependencies, firms with wavering strategies regarding investments and supply chain integration, and firms which grow together with the new collective needs. We conclude by deriving implications on both policy coordination levels and multilevel governance.

Keywords: New Industrial Policies, Covid-19 Pandemic; Good Jobs, Territorial Collective Goods, Education and Training (search for similar items in EconPapers)
Date: 2021
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