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Keith Cowling became a pioneer and key figure in a number of areas in industrial economics, including mergers and acquisitions, advertising, the theoretical determination of Structure, Conduct Performance (SCP) relationships and the welfare losses of monopoly power. He was informed and motivated by real life challenges of real life people and aimed to find solutions that fostered social welfare by leveraging the power of theory and evidence. In mainstream IO he was mostly famed for his work on SCP and monopoly power. Building upon this contribution, Keith also became renowned for being critical of contemporary capitalism, arguing that its concentration tendencies rendered it prone to abuse of corporate power and paved the way to stagnation and crises. In doing so, he provided an insight into how the micro (firm and industry) level-foundations of the industrial economy impacted upon macro-economic performance. He cross-fertilised mainstream and radical approaches to economics and was widely respected for his conceptual, mathematical and empirical rigour. In this paper, we highlight his major contributions in the fields of IO, international political economy and public policy.

Front Matter -- Copyright -- Contents -- Contributors -- Foreword by Annalisa Primi: why talking about production means talking about development -- Foreword by Richard Kozul-Wright -- INTRODUCTION -- 1. Shaping sustainable industrial development paths -- PART I HISTORICAL AND SOCIOECONOMIC PERSPECTIVE ON INDUSTRIAL DEVELOPMENT -- 2. Industrial revolutions in a globalizing world, 1760-present -- 3. Latin America: learning and fictional expectations in industrial development -- 4. Murmurs of an industrial revolution in Africa: is it time for Africa? -- 5. Industrialization, economic and political power -- 6. The transformation of work: changing employment governance regime -- 7. Sustainable human development, capabilities and the new trajectories of industrial policy -- PART II INDUSTRIAL DEVELOPMENT IN REGIONS -- 8. Place and industrial development: paths to understanding? -- 9. Innovation, industrial dynamics and regional inequalities -- 10. Evolutions in industrial districts and local productive systems -- 11. External collaboration for innovation: firms, industry, regions and policy -- 12. Governing industrial policy: the scope and limits of the 'good governance' agenda -- PART III SECTORS -- 13. Spatial implications of the platform economy: cases and questions -- 14. Consumer goods: from mass consumption to servitization -- 15. The car industry as a laboratory of transformations induced by industrial development -- 16. The propulsive role of the space industry in industrial development: evaluating the case of spaceports -- 17. The energy sector: an industrial perspective on energy transitions -- 18. Industry, innovations and transition to the green and circular economy -- PART IV THE ROLE OF THE STATE IN INDUSTRIAL DEVELOPMENT.