1. Putting into practice a pro-sustainability industrial strategy and innovation policy
David Bent e: w:

2. Industrial strategy for a sustainable world…
Working definition:
Any type of intervention or policy that attempts to
improve the business environment or
alter the structure of economic activity toward sectors, technologies and/or tasks
that is expected to offer better prospects for putting the world on a sustainable footing than would occur in the absence of such interventions.
How can
Following OECD ‘Beyond Industrial Policy’ 2013

3. Range of industrial strategies
Politically allowable action
Laissez-faire
No need for an active industrial policy
Traditional
Stimulate certain sectors
Correct market-failure
-Infant industry support -Initiate and support clusters -Support R&D, technology, education and other intangibles
Correct system failure
‘Market-shaping’ -Tilt landscape to generate positive network effects -Institutions for networking and collaboration
Following OECD ‘Beyond Industrial Policy’ 2013

4. A. Understanding the pre-conditions
1. What is your purpose and what are your beliefs on how an economy changes?
2. What is the political context you are operating in?
3. What approach and principles for formulating and implementing fits with your situation?
B. Understanding the context, global and specific
4. What does 'a sustainable world' mean here?
5. What are global trends do you need to consider?
6. What is your starting situation, and existing vision?
7. How can you use the formulation itself to make the policy successful (including obtaining long-term mandate)?
C. Formulating policies/strategies in priority areas
8. MISSIONS: which innovation missions should you set, and how will you run each?
9. HORIZONTALS: how will you craft the cross-cutting conditions that stimulate the appropriate investment and innovation?
10. VERTICALS: what direction(s) are viable for each major sector, and how support appropriately?
11. GEOGRAPHIES: How enhance specific clusters and enable resilience everywhere?
D. Implementing
12. How implement each part of the strategy with the required guiding principles (e.g. accountability)?
13. How can you keep adjusting to and replenishing the political mandate?
14. How can you evaluate, using that for improving and accountability?

5. Putting into practice a pro-sustainability industrial strategy and innovation policy
David Bent e: w: