New Perspectives on Industrial Policy for a Modern Britain

David Bailey, Professor of Industrial Strategy, Aston Business School, University of Aston, Birmingham,Keith Cowling, Emeritus Professor of Economics at the University of Warwick, Coventry,Philip Tomlinson, Associate Professor of Business Economics, School of Management, University of Bath

David Bailey is Professor of Industrial Strategy at the Aston Business School. He has written extensively on industrial and regional policy, especially in relation to manufacturing and the auto industry. His recent research has been funded by a number of state and private organisations including the ESRC. He recently undertook an INTERREG project on the role of FDI in cluster upgrading, and is an Area Coordinator (on industrial policy) for the FP7 project WWW for Europe (Welfare, Wealth, Work). He is a regular blogger, newspaper columnist, and media commentator. He was Chair of the Regional Studies Association over 2006-12 and is now an Honorary Vice-Chair, and an Editor of the journals Regional Studies and Policy Studies.


Keith Cowling is Emeritus Professor of Economics at the University of Warwick. His main research interests are in industrial organisation and the deficiencies of monopoly capitalism. He has played significant roles as an industrial policy advisor and published extensively in the fields of industrial economics and policy. He was the founding Editor of International Journal of Industrial Organisation and is author of several books, including Monopoly Capitalism (MacMillan, 1982) and (with Roger Sugden), Beyond Capitalism: Towards a New World Economic Order (Pinter Press, 1994). He was an early President of the European Association for Research in Industrial Economics (EARIE) and a founding member of the European Union Network for Industrial Policy (EUNIP).


Philip Tomlinson is Associate Professor in Business Economics at the University of Bath School of Management, where he is also a convenor for the Institute for Policy Research (IPR). His research interests predominantly focus upon economic governance, regional development and industrial policy, where he has published extensively in some of the world's leading academic journals. He also co-edited Crisis or Recovery in Japan: State and Industrial Economy (2007, Edward Elgar, with David Bailey and Dan Coffey) and has contributed to several edited volumes. He has addressed the All Party Parliamentary Manufacturing Group on industrial policy and also worked closely with the British Ceramic Confederation on issues relating to the development of the ceramics industry.

1. Introduction: New Perspectives on Industrial Policy for a Modern Britain, David Bailey, Keith Cowling, and Philip Tomlinson
Part 1. Perspectives on Industrial Policy
2. DIP-ly Speaking: Debunking 10 Myths and a Business Strategy-Informed Developmental Industrial Policy, Christos Pitelis
3. Industrial Policy: International Experiences, David Coates
4. Reframing Industrial Policy, Andrew Bowman, Julie Froud, Sukhdev Johal, Adam Leaver, and Karel Williams
5. The Role of Industrial Policy: Lessons from Asia, Mushtaq Khan
Part 2. Finance for Industry, Entrepreneurship, and Innovation
6. Finance and Industrial Strategy, Malcolm Sawyer
7. Financial Architecture and Industrial Policy: Alternative Ownership Structures and the Role of Mutuals, Jonathan Michie
8. Harnessing the Private Sector to Enhance Industrial Innovation, Gordon Murray, Weixi Liu, and Marc Cowling
9. How to Make 'Smart' Innovation-Led Growth also 'Inclusive' Growth, Mariana Mazzucato
Part 3. Employment Issues and Industrial Policy
10. Skills and Training for a more Innovation-Intensive Economy, Francis Green and Geoff Mason
11. Beyond a Human Capital Approach to Education and the Labour Market: The Case for Industrial Policy, Phillip Brown, Sin Yi Cheung, and Hugh Lauder
12. Workers' Voice in Company Decision-Making, Janet Williamson and Tim Page
13. Employment Rights and Industrial Policy, Paul Latreille and Richard Saundry
Part 4. Industrial Policy and Regional Development
14. An Industrial Strategy for UK Cities, David Bailey, Keith Cowling, and Philip Tomlinson
15. Mind the Gap! What might a Place-Based Industrial and Regional Policy look like?, David Bailey, Paul Hildreth, and Lisa De Propis
Part 5. Regulation, FDI, and Industrial Policy
16. Regulation and Governance of the Public Utilities, Michael Waterson
17. Refining Inward Investment Policy: Maximising the Returns to Limited Funds, Nigel Driffield, Sandra Lancheros, and Yama Temouri
18. Takeovers and Takeover Policy, Ajit Singh, Gurmail Singh, David Bailey, and Helena Lenihan
Part 6. Industrial Policy and Sustainable Development
19. Industrial Policy for a Sustainable Growth Path, Karl Aiginger
20. Industrial Policy: A Green Agenda, Dan Coffey and Carole Thornley