Looking at Industrial Policy through an Economic Complexity Lens: Implications for firms

In the new geopolitical era, companies need to understand the motivations and objectives behind government-specific industrial subsidies. Recognising domestic priorities allows companies to align their production with national interests, leading to more informed investment and production decisions. Financial allocations can eventually distort market competition conditions. Therefore, learning about different country patterns is crucial for companies to align their strategies with national interests, improve investment decisions, and evaluate competitive dynamics in local markets, especially concerning high-tech and low-carbon initiatives.