Clydesdale, GM2016-10-172014-10-142014-10-14Clydesdale, G. M. (2014). Capabilities and industrial policy lessons from the NZ movie industry. Industrial and Corporate Change, 24(5), 1149-1177. doi: 10.1093/icc/dtu0241464-3650CU0XZ (isidoc)https://hdl.handle.net/10182/7501This article examines the New Zealand government's creation of an internationally successful industry. The activities of the New Zealand Film Commission are examined with regard to the effect they had on the entrepreneurs they nurtured. Factors that contributed to success include the market-driven nature of the policy and an emphasis on capability building. Support is found for the suggestion that government agencies should act like venture capitalists. Negative aspects of government intervention included political capture and smoke-stake chasing.29 pagesen(C) The Author 2014. Published by Oxford University Press on behalf of Associazione ICC. All Rights reserved.New Zealand movie industryNew Zealand Film Commissionindustry policygovernment policyJournal Article10.1093/icc/dtu0241464-3650ANZSRC::3507 Strategy, management and organisational behaviourANZSRC::3801 Applied economics