Il Sistema Industriale Italiano Tra Globalizzazione E Crisi (The Italian Industrial System between Globalization and Crisis)

The Long Italian Stagnation and the Welfare Effects of Outsourcing

“…The slow adoption of ICT by Italian firms is one of the factors hampering Italy's exploitation of the opportunities offered by globalization according to a conspicuous body of literature (e.g. Vacciago, 2003, Rossi, 2004, Ciocca, 2004 and more recently, Accetturo et al, 2013).…”

“…The authors propose indeed a different explanation for the insufficient R&D investments, which points to the general tightness of financial constraints at firm level. In their view, these are a direct consequence of the structure of the Italian banking system (in this vein see also Accetturo et al 2013). …”

“…However, this perception is quite widespread among Italian scholars (e.g. Trento, 2003, Ciocca, 2004, and Accetturo et al, 2013 who believe that Italy failed to gain from globalization or even lost from it because of a number of structural weaknesses. The broad consensus around this position, however promptly clashes with the heterogeneity of ideas around which features of the economy really prevented the country from taking advantage of globalization.…”

“…According to some authors like for example Faini and Sapir (2005) and Ciocca (2010), this might be a basic reason for the slow pace of adoption of the new information and communication technologies (ICT) by Italian firms. Vacciago (2003) and Accetturo et al (2013) recognize ICT as a crucial factor of competitiveness for national firms during these decades of intense globalization while other authors (e.g. Pagano e Schivardi, 2003 andRossi, 2004) believe the relatively small size of the average Italian firm to be a major impediment to the slow adoption of ICT.…”

Family Firms and Productivity: The Role of Institutional Quality

“…Moreover, the use of market price based measures enables researchers only to consider listed firms, which are just a small percentage of firms, while our sample combines both listed and no listed firms. Finally, many contributions have shown how the decline in Italian productivity of the last 20 years can be attributed to low TFP growth (amongst others, Accetturo et al, 2013;Aiello, Pupo, & Ricotta, 2009;Bassanetti, Iommi, Jona-Lasinio, & Zollino, 2004;Daveri & Jonia-Lasinio, 2005;OECD, 2007;Van Ark, O'Mahony, & Ypma, 2007). Therefore, studies which aim to analyse the factors that influence TFP are central to understanding what should be done to strengthen the Italian productive system.…”