Institutional Models of Industrial Policy: Approaches to Typology

Authors

  • Elena N. Chizhova Belgorod State Technological University named after V.G. Shukhov
  • Igor P. Medvedev Belgorod State Technological University named after V.G. Shukhov
  • Gulnara G. Balabanova Belgorod State Technological University named after V.G. Shukhov

DOI:

https://doi.org/10.52575/2687-0932-2025-52-1-95-109

Keywords:

industrial policy, state intervention, state interventionism

Abstract

The article is devoted to the measures of state industrial policy that have changed historically, conceptually, based on the dominant approach in economic theory, the emerging conditions of economic development in the world and in individual regions, and the understanding by governments of their functional role, regulatory and financial capabilities. The research was methodologically based on the provisions of macroeconomics, institutional economics, and economic instruments. The authors associate government actions with a certain type of industrial policy connected with certain industries that require state support. As criteria for dividing industrial policy into certain types, the authors highlight goals, scales, and instruments, which allows for the formation of five possible forms and their association with variants of institutional projects that differ in content, scale, timing, and effectiveness.

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Author Biographies

Elena N. Chizhova, Belgorod State Technological University named after V.G. Shukhov

Doctor of Economics, Professor, Head of the Department of Theory and Methodology of Science, Belgorod State Technological University named after V.G. Shukhov, Belgorod, Russia

E-mail: chizhova_elena@mail.ru

Igor P. Medvedev, Belgorod State Technological University named after V.G. Shukhov

Candidate of Economic Sciences, Associate Professor of the Department of Theory and Methodology of Science, Belgorod State Technological University named after V.G. Shukhov, Belgorod, Russia

E-mail: i8976@yandex.ru

Gulnara G. Balabanova, Belgorod State Technological University named after V.G. Shukhov

Candidate of Economic Sciences, Associate Professor of the Department of Theory and Methodology of Science Belgorod State Technological University named after V.G. Shukhov, Belgorod, Russia

E-mail: gulnara.balabanova@yandex.ru

References

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Rodrik D. 2004. Industrial Policy for the Twenty-First Century. URL: https://www.academia.edu/82969648/Industrial_Policy_for_the_Twenty_First_Century (data access: 11.09.2024).

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Warwick K. 2013. Beyond Industrial Policy: Emerging Issues and New Trends. OECD Science, Technology, and Industry Policy Papers, Vol. 2. URL: https://www.enterprise-development.org/wp-content/uploads/Beyond_Industrial_Policy.pdf (data access: 11.09.2024).


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Published

2025-03-28

How to Cite

Chizhova, E. N., Medvedev, I. P., & Balabanova, G. G. (2025). Institutional Models of Industrial Policy: Approaches to Typology. Economics. Information Technologies, 52(1), 95-109. https://doi.org/10.52575/2687-0932-2025-52-1-95-109

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SECTORAL MARKETS AND MARKET INFRASTRUCTURE