A propaedeutics of Serbia's new industrial policy and its impact on territorial development

Abstract

The paper analyzes the post-socialist industrial development of Serbia and the theoretical and empirical propaedeutics on new industrial policy (under the influence of the EU industrial policy, globalization process and the Fourth Industrial Revolution/4IR). It is indicated the key issues of Serbian industry, explored the strategic perspectives of a new industrial policy of Serbia, and its possible impacts on territorial development.An analytical framework of the globalization theory regarding a new industrial policy has been applied in the paper, as well as the European RIS framework, which was prescribed for the EU accession countries, in preparation of their "Strategy of Smart Specialization"/S3. The paper has indicated global challenges of the new industrial policy under disruptive technological changes, uncertain growth and precarious employment. The global framework for a new industrial policy causes a new spatial configuration, especially in the regions and cities, such as a new production platforms and diffusion of new work-spaces. It indicates a new shift of the possible implications of 4IR and industrial policy to the territorial planning and governance. The real opportunities for the Serbian industrial policy are given in the paper as well as some recommendations for its improvement.