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Industrial policy

Industrial policy refers to an intervention or government policy that attempts to improve the business environment or to alter the structure of economic activity towards sectors, technologies or tasks. Such interventions are expected to offer better prospects for economic growth or societal welfare.

European industry is facing major challenges in a changing industrial landscape. The future of the industry relies on its ability to adapt and innovate over time. This means investing in new technologies and embracing changes resulting from the rise in digitisation and the move towards a low-carbon and circular economy.

Topic

Recent updates

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Научните изследвания в областта на преобразуващия потенциал на цифровата революция обикновено възприемат количествен подход в опита си да наблюдават промените в равнищата на заетост, дължащи се на цифровизацията. Страхът от...

25 October 2021
Publication
Research report

Eurofound research

Given the importance of the manufacturing industry for productivity growth, competitiveness and sustainable job creation in the EU, Eurofound has carried out a pilot project on the Future of Manufacturing in Europe (2015–2019), proposed by the European Parliament and delegated to Eurofound by the European Commission (DG GROW).

Research covered a range of related topics such as reshoring, regional industrial policy capacity, new game-changing technologies, born globals and international supply chains, among others.

For more information on the project, see the web page Future of Manufacturing in Europe (FOME).

Key outputs

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The pilot project The Future of Manufacturing in Europe is an explorative and future-oriented study. It explores the future adoption of some key game-changing technologies and how this adoption can...

10 April 2019
Publication
Research report
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Reshoring – namely the relocation of value chain activities back to the home country or its nearby region – has attracted an increasing interest both among scholars and policymakers. The...

1 April 2019
Publication
Research report

EU context

In September 2017, the European Commission set out a renewed industrial policy strategy aimed at investing in a ‘smart, innovative and sustainable industry’. This was updated in May 2021, to take into account the circumstances around the COVID-19 crisis. The strategy brings together new and existing initiatives in many areas of industry such as cybersecurity, plastics, renewable biological resources, intellectual property rights, public procurement, manufacturing and sustainable finance. According to the Commission, EU industrial policy aims to stimulate growth and competitiveness in the manufacturing industry and the EU economy as a whole.

Eurofound expert(s)

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Ricardo Rodriguez Contreras is a research manager in the Working Life unit at Eurofound and focuses on comparative industrial relations, social dialogue and collective bargaining...

Research manager,
Working life research unit
Publications results (15)

Научните изследвания в областта на преобразуващия потенциал на цифровата революция обикновено възприемат количествен подход в опита си да наблюдават промените в равнищата на заетост, дължащи се на цифровизацията. Страхът от потенциални загуби на работни места и отрицателни смущения, предизвикани от

25 October 2021

Innovation and technological advancement are natural features of developed economies, and they are necessary to maintain and improve sustainable competitiveness in an era of globalisation. However, while most innovation tends to be incremental, some has a disruptive effect on production and service

22 January 2020

Accumulating evidence indicates that large metropolitan centres are faring much better than other regions within the Member States of the EU. Such interregional inequality contributes to disenchantment with existing political systems, which in turn can weaken the social bonds that ground democratic

07 October 2019

The pilot project The Future of Manufacturing in Europe is an explorative and future-oriented study. It explores the future adoption of some key game-changing technologies and how this adoption can be promoted, even regionally. The analysis of implications for working life focuses primarily on tasks

10 April 2019

This report looks into the impact of the accelerated application of automation and digitisation technologies on the wage and tasks structure of employment in Europe. Despite the high level of uncertainty of these projections, the contribution of this report is to extend the analysis beyond just the

10 April 2019

Reshoring – namely the relocation of value chain activities back to the home country or its nearby region – has attracted an increasing interest both among scholars and policymakers. The European Reshoring Monitor is a collaborative project between Eurofound and a consortium of Italian universities

01 April 2019

Protectionism is on the rise. This scenario estimates the potential impact of a significant increase in tariffs in the world’s major trading blocs. The analysis is carried out using the E3ME macroeconometric model, which provides information on sectoral impacts, together with the Warwick Labour

14 March 2019

Building on the analysis of national apprenticeship systems in the 2018 Eurofound report Adaptation of national apprenticeship systems to advanced manufacturing, this report summarises the results of 14 case studies of good practice in the manufacturing sector in five EU Member States (Denmark, Fran

28 February 2019

This report explores the potential employment and economic impacts of an EU transition to a low-carbon economy by 2030 – on the EU, and on other regions of the world. It analyses the impacts across sectors and occupations, with a particular focus on manufacturing.The report highlights that the

12 February 2019

This report explores the motivations, opportunities and challenges of born globals and small and medium-sized enterprises (SMEs) in integrating and managing their global value chains (GVCs). The study also investigates the role of selected policy measures in supporting SME internationalisation, incl

14 December 2018

Blogs results (3)
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At the very outset of its mandate, the new European Commission presented the European Green Deal, establishing the objective of becoming the first climate-neutral bloc in the world by 2050. The initiative emphasises the seriousness which the European Commission places on the climate and biodiversity

21 February 2020
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Over the past four years a special project delegated to Eurofound has looked in detail at ongoing changes in manufacturing on a global scale, analysed how the industry will change further in the future, and assessed what the impacts will be for Europe. Looking at everything from changes in tasks for

9 April 2019
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Manual jobs in European manufacturing are being transformed as blue-collar workers take on more intellectual tasks. This is a consequence of the increasing use of digital tools and the growing importance of quality control in production. The severe losses of middle-paying jobs in the manufacturing

27 September 2018

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