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Infant industry argument |
Also found in: Wikipedia | 0.04 sec. |
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Infant industry argument Argument that industries in the developing and emerging sectors of the economy need protection against international competition in order to establish themselves. |
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| Officially formed in 1989, SaskFilm's existence is very much indebted to the provincial Department of Culture, who took it upon themselves to try and encourage the growth of what was then a relatively nominal and infant industry within the province. Capital, technology, and skills can be brought together behind a wall of government-imposed import barriers, thereby allowing an infant industry to mature into a world-class competitor. This led them to conditionally support various infant industry protection schemes. |
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