Dr Vassilis Monastiriotis & Dr Donato Di Carlo
Business needs government to harness local comparative advantages and national competitiveness; and governments need business to create wealth, jobs, and economic prosperity.
Business and government rely on each other to foster local advantages, competitiveness, and economic prosperity. In today’s era of climate change, AI, and geopolitical competition, getting this ‘symbiosis’ right is more critical than ever.
In this course, you’ll explore how novel industrial policy is shaping economic growth in response to green and digital transitions and the pursuit of ‘open strategic autonomy.’ Combining accessible theory with real-world applications, you’ll examine key policy questions on managing economic growth amidst growing global disruptions, and explore market failures that justify government intervention, the evolution of industrial policy in the EU, and the rise of ‘mega-missions’ like carbon neutrality and digital sovereignty.
Through interactive lectures, seminars and case studies, you’ll analyse real-world initiatives, including the UK Cell and Gene Therapy Catapult, the US Regional Technology and Innovation Hubs (Tech Hubs) program, the European Battery Alliance and various local Smart Specialisation Strategies in the EU.
By the end, you’ll gain the tools and insights to understand—and influence—the policies driving sustainable and competitive economies.