911 research outputs found

    I&T Magazine No. 20, April 1997

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    THE ROLE OF THE INDUSTRIAL POLICY IN ITALY

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    The aim of this paper is to match the Italian small-medium firms’ (SMEs) need for technological innovation and the state and regional aid programs aimed at supporting innovation and technology. The purpose is to highlight existing capabilities and new opportunities in support of Italian SMEs requirements in innovation. The paper reports the results of two empirical research projects recently carried out at Ceris-Cnr (Institute of Economic Research on Firms and Growth – Italian National Research Council). After a framework of the most important innovation policies the Italian aid programmes for innovation and technology are described. In particular the role of the Italian Regions is analysed in depth. The empirical research confirmed that the approach to innovation of Italian SMEs tends to satisfy the demand of existing market in the best possible way ompared with competitors. Product improvement follows incremental processes. The most common way of introducing new technology is the purchase of new machines and equipment to reduce costs and improve quality. All the industrialised countries tend to favour the linking of the SMEs with external sources of knowledge. The research shows that such a policy clashes with the SMEs’ capacity for absorbing innovation. Most of them lack the technical structures (technical office, design department, R&D laboratory, prototype department, etc.) and graduate staff capable of interfacing with the research world.

    International Venturing by Indian IT Firms: A Motive Analysis

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    This paper examines the motives underlying recent cross border M&A activity undertaken by Indian IT firms during 2000-2006. It hypothesizes that overseas acquisition is the IT firm\u27s response to a dynamic competitive landscape in which it simultaneously leveraged existing capabilities to capture new markets and acquired new capabilities through strategic asset and product seeking acquisitions. The study uses secondary firm level data to undertake a content analysis of public information establishing the multiplicity, diversity and dynamic nature of M&A motives. The study establishes the multiplicity, diversity and dynamic nature of M&A motives, establishing that they are simultaneously asset seeking and asset augmenting

    I&T Magazine No. 20, April 1997

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    On Semi-Industrialized Countries and the Acquisition of Technological Capabilities.

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    The last decades have witnessed a breaking down of the hitherto quasi-monopoly in industrial and technological development by highly industrialized countries. Man-made changes in comparative advantage due to rapid accumulation of human capital, development of technical institutions, and public policies in support of enterprise development and innovation, have led to the emergence of advanced technical capabilities in a number of semi-industrialized countries. Study of selected instances of their technological achievement show that they cannot be adequately interpreted as necessarily requiring the working of a well integrated national innovation system. They seem to be instead, path, or process, dependent, and determined by the circumstantial convergence of requisite skills, appropriate institutions and supportive public policies.Industrialization; technology; semi-industrialized countries; innovations

    From Strategic Trade Policy to Strategic Alliances in the Global Semiconductor Industry

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