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Policy for Industrial Champions: From Picking Winners to Fostering Excellence and the Growth of Firms
The aim of this paper is to review the arguments for and against pro-champions policies, in light of the existing literature and lessons from past experiences. The authors also examine the most marked characteristics of Europe’s industry and draw some policy orientations.
Link
http://ec.europa.eu/enterprise/enterprise_policy/competitiveness/doc/European_Champions.pdf