  In this study, the prevalent methodology for design of the industrial policy
in developing countries was critically assessed, and it was shown that the
mechanism and content of classical method is fundamentally contradictory to the
goals and components of the endogenous growth theories. This study, by
proposing a new approach, along settling Schumpeter's economic growth theory as
a policy framework, designed the process of entering, analyzing and processing
data as the mechanism of the industrial policy in order to provide "theoretical
consistency" and "technical and Statistical requirements" for targeting the
growth stimulant factor effectively.
