Policy makers pinning their hopes on cutting-edge clean technologies to create jobs on a large scale are likely to be disappointed. But such sectors alone are simply too small to make an economy-wide difference in growth and employment.

These are among the key findings of new McKinsey Global Institute research. How to compete and grow: A sector guide to policy, which examines what drives the growth and competitiveness of industries, as well as which policies have succeeded?EUR??,,????'?????<