National Industrial Policy by Design Thinking

This study attempts to discuss the theory and practice of national industrial policy based on the rationale and methods of design thinking. The study examines the core of design thinking in industrial policy, specify the procedures and tasks of designers in developing the policy process model, discusses the rationale and options of industrial policy design practices, argue for and lists the characteristics of best design thinking industrial policy for least developed countries. There is a paucity of empirical evidence on how design thinking based industrial policy contributes to industrial growth. It is hoped that the argument, concepts and methods presented in this paper may stimulate sophisticated discussion on the theory, tools and procedures of design thinking in industrial policy performance assessment and improvement. Design thinking is an alternative approach to solve problems of least developed countries which start industrialization from scratch under conditions of low level of input market and private sector development and rapid population growth effects. Spreading the awareness of design thinking skills and approach in national industrial policymaking and implementation helps to tackle the root causes of internal and international migration crisis