The chapter has a number of components. Section one outlines a working definition of industrial policy and details the reasons that this exercise is not as straightforward as one might think. Section two examines the complex nature of the debate around industrial policy and reviews a number of important elements of the discourse on industrial policy, including the link to tax policy, the role of MNCs, and the system of innovation in Ireland. Section three reviews the international evidence on local clusters and industrial policy and section four presents the experience of The Green Way, an initiative the authors view as an innovative industrial policy intervention at local level. The chapter concludes with a number of broad recommendations for local governments, including executive staff and elected councillors, and relevant regional and national agencies