Publications

Towards a New Industrial Policy for Europe

12 November 2014
Claire Dhéret (Senior Policy Analyst and FutureLab Europe Programme Leader), Andrea Frontini (Policy Analyst), Annika Hedberg (formerly Ahtonen) (Senior Policy Analyst), Martina Morosi (Former Programme Assistant at the EPC) and Romain Pardo (Policy Analyst)



An ambitious rhetoric has been adopted both at the European and national level towards industrial policy. Along with rhetoric, sweeping action plans to revive our industrial base and reverse off-shoring trends have been attempted. However, concrete measures undertaken have been inconsistent and weak compared to the magnitude of the challenges faced by European manufacturing as well as the policies implemented by our competitors. At the same time the economic and financial crisis has shed light on the risks of an excessive reliance on the service and financial sector and the necessity to look for new sources of growth. As a response, this Issue Paper, by Claire Dhéret, Senior Policy Analyst and Martina Morosi, Programme Assistant, argues that fostering a more innovative, knowledge-intensive, new technology-oriented and resource-efficient manufacturing industry in Europe is the right way to go. To this end, a new EU strategic vision on industrial policy, based on the operationalisation of European cooperation, is urgently required. The paper presents a toolkit for implementing the vision and a series of policy recommendations.

Click here to download