Author Archive | Francesco Bogliacino, Matteo Lucchese, Leopoldo Nascia and Mario Pianta

The ‘virtuous circle’ between innovative inputs, outputs and economic performance is investigated in this article with a three-equation model highlighting feedback loops and simultaneous relations. An empirical test is carried out considering innovative expenditure, innovative turnover and economic results in a sample of Italian manufacturing firms, comparing occasional and serial innovators. We use data for […]

After the crisis started in 2008 Italy’s industry has lost close to one quarter of its industrial production. The possibility for the country to reconstruct its production capacity largely depends on whether a new industrial policy is developed. The article documents the decline of Italy’s industry and technology and the impact of the crisis. The […]