ABSTRACT
This chapter illustrates the argument with reference to the encouragement of small-scale, especially innovative manufacturing businesses and business proposals. In the problem area of support for innovative business, at least part of the gap in provision can be traced to high level “high table” values which are predictable in the major institutions. The need for industrial regeneration is common to all the older developed countries, but the causal factors, prognosis and likely cures remain speculative matters. If an industry fails, this tends to be seen as a consequence of reliance upon past monopoly protection, poor industrial relations, powerful unions, election cycles, insufficient R&D, too much protection, burden of welfare payments, unconcerned multinational companies, and much else. In terms of praxiological and ethical theory, mutual type solutions to the problems of industrial regeneration raise all possible kinds of questions of efficiency, of effectiveness.
