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Industrial Strategy and Regional Development

The industrial strategy should carry the objective of developing the Total Factor Productivity (TFP) related elements and to eradicate the regional developmental differences in this context. What we should understand from an industrial strategy, at this day and age, is for this strategy to eradicate the regional developmental differences, an important requisite in terms of sustainable growth, and a system of incitement that especially rewards technology and innovation. Thus; both the environment of fair competition among the sectors will not be disrupted and the regional developmental process will have been supported. In the context of industrial strategy; preferring a sectoral incitement system should only be for extremely special situations and even then on a temporary basis.

TÜSİAD Industry, Services and Agriculture Committee
Industry Working Group

Relations with Sectoral and Regional Organizations and Regional Development Department

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