ABSTRACT
'National champions' are business enterprises selected by the governments of NATION-STATES as representative of a national effort to be internationally competitive and therefore granted special favours, including both subsidies and firm- or industry-specific policies to favour their growth. National champion firms may be involved in basic industries (for example, iron, steel, shipbuilding), in the production of intermediate goods (for example, machine tools) or in industries using advanced technologies (for example, computers, telecommunications equipment, biotechnology). They are generally not in agriculture, food processing, mineral extraction or service industries.
