"Sunny" prospects: an analysis of the photovoltaic industry in Italy

2012 ◽  
pp. 111-133
Author(s):  
Bernardina Algieri ◽  
Antonio Aquino ◽  
Marianna Succurro
Keyword(s):  
Industrial Policy ◽  
Policy Implications ◽  
Incentive Scheme ◽  
Costs And Benefits ◽  
Accounting Data ◽  
Growth Prospects ◽  
Key Features

The present study provides an analysis of the Italian photovoltaic sector (PV). To this purpose, we first evaluate the main characteristics of the Italian PV incentive scheme by focusing on its costs and benefits. The analysis then turns to the evolution of PV demand over recent years, the key features of the Italian PV supply and its performances by identifying the strengths, limitations and growth prospects of the sector. The investigation relies on accounting data of the Italian producers collected from the Bureau van Dijk's Amadeus database, over the 2000- 2010 years. Some industrial policy implications conclude the work.

Making Innovation Development Policies Work for MENA

2020 ◽  
pp. 1733-1757
Author(s):  
Mehtap Isik
Keyword(s):  
Middle Eastern ◽  
Policy Implications ◽  
Social Characteristics ◽  
North African ◽  
Innovation Development ◽  
Development Policies ◽  
Growth Prospects ◽  
Entrepreneurial Activities ◽  
Sustainable Economic Growth

This chapter analyzes the Middle Eastern North African economies' growth prospects and investigates the role of entrepreneurial activities in achieving sustainable economic growth and social development. It explores the existing macroeconomic, political and social characteristics of the region and brings the different literatures together to understand the policy implications of theory and practices. The chapter shows that entrepreneurial activities can cure a lot of problem in the region as long as supported by the central authorities, and the region has a strong potential to be used by the entrepreneurs.

Vietnamese industrial development: following Washington on the road to Beijing

2019 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Marco Rodolfo Di Tommaso ◽  
Antonio Angelino
Keyword(s):  
Industrial Policy ◽  
Policy Making ◽  
Industrial Development ◽  
Descriptive Analysis ◽  
Policy Formulation ◽  
Policy Implications ◽  
Content Type ◽  
Depth Analysis ◽  
The Government ◽  
On The Road

Purpose The purpose of this paper is to explore the main features of the Vietnamese economic transition and industrial development pattern analyzing the evolution of the industrial policy formulation in the light of the changes in the country’s productive specialization and competitive position in the international division of labor. The authors also aim at stressing the role exerted by different external paradigm of influence on the Vietnamese policy making and the function of selectivity as an instrument to upgrade the competitiveness of the Vietnamese production system. Design/methodology/approach The paper provides a descriptive analysis of the Vietnamese recent economic trends and structural transformation dynamics. It realizes a literature review concerning the academic debate on the role and the effects of industrial policy in Vietnam identifying a categorization between different theoretical perspectives. In addition, it implements an in-depth analysis of the main industrial planning strategies promoted by the government investigating the evolution of the lines of the country’s economic policy agenda. On the basis of the previous analyses, the paper draws out some conclusions about the application of selective criteria in Vietnamese industrial policy interventions. Findings An in-depth examination of the planning prescriptions suggests that the Vietnamese government has undertaken a pronounced paradigm change in the course of last 15 years. The Vietnamese planning approach displays a shift toward a systematic and extended vision concerning the role of industrial policy, which result to be in clear discontinuity with respect to the market-friendly approach supported by Washington institutions. Nevertheless, this configuration outlines several limits characterizing the Vietnamese planning activity, connected to the lack of transparency and efficiency of the governance mechanisms that risk to undermine the effectiveness of the upgrading policies. Originality/value The paper focuses on Vietnam, an emerging economy in transition whose development trajectory has been characterized by peculiar economic and policy dynamics. The hybrid character of the government policy-making approach makes it difficult to identify univocal interpretations concerning the country’s industrial development dynamics and the resulting policy implications. In this perspective, the analysis has shed light on the mechanisms conditioning the formulation of industrial policy in Vietnam, focusing on the external influences exerted on its definition and on the domestic interactions associated to its implementation.

scholarly journals What constitutes successful African enterprises? A survey of performance variations in 210 African food processors

2018 ◽  
Vol 13 (6) ◽  
pp. 1835-1854 ◽  
Author(s):  
Michael Wendelboe Hansen ◽  
Esther K. Ishengoma ◽  
Radha Upadhyaya
Keyword(s):  
Industrial Policy ◽  
Industrial Development ◽  
High Performance ◽  
Analytical Framework ◽  
Business Environment ◽  
Policy Implications ◽  
Data Set ◽  
Content Type ◽  
Performance Variations

Purpose To understand African small and medium-sized enterprise (SME) performance and its antecedents is essential, both from a strategic management and an industrial development perspective. While a substantial literature on African SMEs has emerged in recent years, studies of their performance specifically are few and inconclusive. The purpose of this paper is to address this lacuna in the literature by examining variations in performance of 210 East African SMEs. Design/methodology/approach The paper employs OLS and logistic regression and Classify k-means test to analyze performance variations in a unique data set of 210 food processing enterprises in Tanzania, Kenya and Zambia. Findings Three generic types of African SMEs are identified based on performance: laggards, followers and gazelles. The gazelles are typically medium-sized, skill-intensive companies selling relatively differentiated products in niche markets. The laggards are typically small, capital-intensive companies involved in grain milling that adopt a cost differentiation strategy. A key driver of variation in performance is found to be the quality of the external business environment (in particular the quality of intermediary markets), and also capability factors such as the strength of management. Strategy factors such as differentiation and political strategies explain performance variations. Practical implications Among the policy implications are that African industrial policy should focus on improving the functioning of intermediary markets, e.g. by reducing the transaction costs of inter-firm collaboration. Moreover, rather than focusing industrial policy on SMEs per se, policymakers should focus on those types of enterprises that are capable of generating high performance, e.g. skill-intensive enterprises with strong managerial capabilities, engaged in differentiation strategies. Originality/value The paper integrates the extant literature on African SME performance, develops an analytical framework for studying it and presents novel empirical insights based on one of the most detailed surveys of SME performance in the continent to date. The findings have important and tangible implications for literature, as well as for industrial policy.

International mega-trends and growth prospects of the Finnish biotechnology industry: Recent economic research and policy implications

2005 ◽  
Vol 11 (2) ◽  
Author(s):  
Raine Hermans ◽  
Martti Kulvik ◽  
Pekka Ylä-Anttila
Keyword(s):  
Biotechnology Industry ◽  
Policy Implications ◽  
Economic Research ◽  
Economic Activities ◽  
The Usa ◽  
Biotechnology Companies ◽  
Growth Prospects ◽  
Specific Factors ◽  
The Cost ◽  
Research And Policy

The aim of this paper is to describe recent economic growth forecasts of the Finnish biotechnology industry and provide analysis of the international and industry-specific factors behind these forecasts. The new economic geography of the European regions suggests that spatial agglomeration of economic activities will be strengthened internationally if European integration deepens. In addition to that, the Finnish pharmaceutical industry has enjoyed high regulatory protection and it has achieved similar price mark-ups during the 1970s–1990s to its counterpart in the USA. According to the analysis of small and medium-sized Finnish biotechnology companies, it seems that the most promising biotechnology companies have a well-balanced combination of intellectual capital. Despite expectations of rapid growth, it will take decades rather than years for the biotechnology industry to catch up with the three industrial pillars, the forestry, machinery and electronics industries. To fulfil the expectations, there is a need to build collaboration and financing networks between the biotechnology industry and traditional industries, such as forestry, electronics and pharmaceuticals. Most of the current Finnish biotechnology companies are related to healthcare activities. The Finnish biotechnology industry could offer solutions to the cost crisis in healthcare while at the same time spurring development of an internationally competitive industrial cluster.

scholarly journals The Relevance Of Discretionary Disclosures: Predictive Value Versus Feedback Value

2010 ◽  
Vol 8 (3) ◽  
Author(s):  
William Wilcox ◽  
Kevin Berry ◽  
David J. Quirin ◽  
Jeffrey J. Quirin
Keyword(s):  
Predictive Value ◽  
The Body ◽  
Policy Implications ◽  
Endogenous Variable ◽  
Costs And Benefits ◽  
Theoretical Contribution ◽  
The Impact ◽  
Role Of Information ◽  
Corporate Information

This study contributes to the body of literature examining the role of discretionary disclosures. The primary theoretical contribution is a distinction between predictive value and feedback value. We use the Ohlson Model and examine the role of information as an endogenous variable in modeling the impact of disclosures on returns, which is a key methodological contribution to this stream of literature. Using a sample of 121 firms from the AIMR’s Corporate Information Committee for 1982-1994 we find that the expanded firm disclosures did possess predictive value, but they did not possess significant feedback value. These results have important policy implications since the relative costs and benefits of disclosures with predictive value differ from those with feedback value.

The Informational Value of Key Audit Matters in the Auditor's Report: Evidence from an Eye-Tracking Study

2018 ◽  
Vol 32 (2) ◽  
pp. 141-162 ◽  
Author(s):  
Louis-Philippe Sirois ◽  
Jean Bédard ◽  
Palash Bera
Keyword(s):  
Eye Tracking ◽  
Information Acquisition ◽  
Financial Statements ◽  
Policy Implications ◽  
Decision Task ◽  
Costs And Benefits ◽  
Acquisition Process ◽  
Tracking Technology ◽  
Informational Value

SYNOPSIS We examine whether and how the addition of mandatory paragraphs that highlight Key/Critical audit matters (KAMs) in the auditor's report affects users' information acquisition process using eye-tracking technology. We experimentally manipulate the presence of KAMs, their number (one or three KAMs), and their format with the inclusion of an overview of audit procedures performed to address each KAM. We find that KAMs have attention directing impact, in that participants access KAM-related disclosures more rapidly and pay relatively more attention to them when KAMs are communicated in the auditor's report. However, when exposed to an auditor's report with several KAMs, participants devote less attention to the remaining parts of the financial statements. Depending on the relevance of the information for the decision task users are less attentive to, our results have direct policy implications as they underline the potential costs and benefits associated with KAMs.

Populism and Technocracy

2017 ◽  
Author(s):  
Christopher Bickerton ◽  
Carlo Invernizzi Accetti
Keyword(s):  
Political System ◽  
Structural Transformations ◽  
Policy Implications ◽  
The Other ◽  
Political Life ◽  
Complementary Relationship ◽  
Key Features ◽  
Political Mediation

This chapter studies populism’s relationship to another phenomenon central to contemporary political life, technocracy. Populism and technocracy are generally understood as opposite trends, one a reaction against the other. The chapter contests this view, arguing that populism and technocracy have a complementary relationship insofar as they share an opposition to two key features of party democracy: political mediation and procedural legitimacy. Having identified shared hostility to party democracy as a point of complementarity between populism and technocracy, the chapter turns to explanations for the rise of populism and technocracy. The chapter finds these explanations in long-term structural transformations in modern party democracy, namely the cartelization of the party political system. The conclusion takes up the policy implications of this analysis. Far from being useful correctives to one another, populism and technocracy should be tackled together as parallel expressions of the same underlying crisis of party democracy.

The Electronics Industry: Inward Investment versus Indigenous Development—The Policy Debate

1992 ◽  
Vol 10 (4) ◽  
pp. 439-450 ◽  
Author(s):  
I Brunskill
Keyword(s):  
Public Policy ◽  
Economic Development ◽  
Industrial Policy ◽  
Electronics Industry ◽  
Policy Implications ◽  
Policy Debate ◽  
The Public ◽  
Indigenous Development ◽  
Institutional Economic ◽  
Development Network

In this paper the public policy implications of an active government strategy aimed at enhancing the competitiveness of the electronics industry in Britain are examined. The author argues that as a general principle industrial policy should be both designed and applied at as low a level as possible. To achieve this a comprehensive but decentralised institutional economic development network will need to be created.

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