Davids and Goliaths: Hidden Champions in an Age of Industrial Policy-Reference-Cited by-同舟云学术

Davids and Goliaths: Hidden Champions in an Age of Industrial Policy

Published:2023-03-21 Issue:1 Volume:20 Page:5-14
ISSN:1553-3832
Container-title:The Economists’ Voice
language:en
Short-container-title:

Author:

de Melo Pimentel Bernardo¹^ORCID,Ramírez Guillermo²^ORCID

Affiliation:

1. Forward College, ISEG Lisbon, and Nova SBE , Rua das Flores, 71, Primeiro andar , Lisbon , Portugal

2. ESCP , Madrid , Spain

Abstract

Abstract We review the state of the current industrial champions debate and make the case for nimble, innovative ‘Davids’, rather than resource-hungry ‘Goliaths’. These export-based firms have shown robust performance in recent years and may help economies increase their resilience in times of significant uncertainty. They are more autonomous than traditional champions and they are already in our midst. The challenge for policymakers is how to foster an environment that supports Davids while keeping an eye on national strategic interests.

Publisher

Walter de Gruyter GmbH

Subject

General Economics, Econometrics and Finance,General Business, Management and Accounting

Link

https://www.degruyter.com/document/doi/10.1515/ev-2022-0011/pdf

Reference19 articles.

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5. European Commission, Directorate-General for Enterprise and Industry, Maincent, E., and L. Navarro. 2006. A Policy for Industrial Champions: From Picking Winners to Fostering Excellence and the Growth of Firms. Publications Office. Also available at https://ec.europa.eu/docsroom/documents/1923/attachments/1/translations/en/renditions/native.