Industrial Policy and its financing in the European Union
DOI 10.15211/vestnikieran620186
The article reviews the modern concept of industrial policy in the European Union. There is a lack of a clear uniform definition of industrial policy because it includes a whole variety of different areas. The fundamentals of the industrial policy contains an article of the Lisbon Treaty with four priorities. An updated concept of the EU industrial policy (operational since 2017) has taken these priorities into account. The most important areas of the EU supranational financing from the point of view of solving long-term problems of pan-European development are science, research and innovation.
Keywords: European Union | industrial policy | finances | competitiveness | value chains | key enabling technologies |
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