Introduction / Keith Cowling -- A reorientation of industrial policy? Horizontal policies and targeting / Keith Cowling, Christine Oughton and Roger Sugden -- Sustainable regional development: new dimensions in policy formulation / Gerry Sweeney -- The territorial challenge to innovation and endogenous regional development / Bjฒrn T. Asheim -- Europe's advantage? Work organisation, innovation and employment / Peter Totterdill -- The competitive disadvantage of England / Simon Lee -- The activation of bottom-up methodologies in a newly opened regional economy: an experience in the Oeste region of Santa Catarina, Brazil / Silvano Bertini and Gian Luca Baldoni -- The entrepreneurial society in practice / Marc Cowling -- Practical issues of networking and co-operation / Jacques de Bandt -- Making small firms work: policy dimensions and the Scottish context / Gavin C. Reid -- Industrial policy implications of competition policy failure in mergers / Hans Schenk -- Public policy and the development of the informal venture capital market: UK experience and lessons for Europe / Colin M. Mason and Richard T. Harrison -- The liability of small-scale investment: a simulation model of the performance of an early stage, technology-focused, venture capital fund / Gordon Murray and Richard Marriott -- Universal service, universal access and the Internet / Jonathan Cave -- Market structure, corporate objectives and cost efficiency / Johan Willner -- Regulating transnationals: free markets and monitoring in Europe / David Bailey, George Harte and Roger Sugden -- Industrial strategy in the era of transnationals: analysis and policy issues / Grazia Ietto-Gillies -- Multinational enterprise investment and industrial policy / Cormac K. Hollingsworth -- The macroeconomics of industrial strategy / Philip Arestis and Malcolm Sawyer