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Revue de l'OFCE

2006/5 (no 97 bis)


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Article précédent Pages 87 - 112 Article suivant



This paper suggests that the scholarly field of industrial organisation is shaped and directed by the debate concerning some of the most pressing policy issues at any historical time period about the link between the organisation of industries and economic performance. By industrial organisation, we mean the scholarly field of research. By the organisation of industries, we mean the actual way in which economic activity is organised within the unit of observation of an industry. A shift in the organisation of industries that is taking place, away from economic activity based on the traditional factors of production, such as labour and capital, and towards knowledge-based economic activity. Accompanying this shift is a new public policy debate focusing on how to create new knowledge and facilitate its commercialisation. The field of industrial organisation is responding with a new focus on the link between the dynamics of the organisation of industries, or how industries and firms evolve and change over time, and innovative performance.
JEL Classification: L10, L20, L40.


  • industrial organisation
  • organisation of industry
  • knowledge-based activity

Plan de l'article

  1. 1 - Introduction
  2. 2 - The Price-Profits Criterion
    1. 2.1 - The Trust Movement and Monopoly Power
    2. 2.2 - Collusion and Rigid Prices
    3. 2.3 - The Post-War Era
    4. 2.4 - The National and International Policy Debates in the Post-war Era
    5. 2.5 - Stagflation of the 1970s and Administered Inflation
  3. 3 - The Innovation Criterion
    1. 3.1 - Innovation as a Source of Comparative Advantage
    2. 3.2 - Delinking Firms from Places
    3. 3.3 - Implications for Policies towards Business
      1. 3.3.1 - Enabling: New Industrial Policies
  4. 4 - Conclusions

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