Multinational Strategies and Outward-Processing Trade between Italy and the CEECs: The Case of Textile-Clothing

The paper is focused on the internationalisation process of the Italian firms within the textile-clothing industry. According to the economic literature on this topics, the Italian industry, as well as the textile-clothing sector, seem to be a follower, as far as the internationalisation process is concerned. Only since the Nineties, the international pattern of growth of the textile-clothing sector is strictly linked to the delocalisation of production and the creation of foreign affiliates. Within this contest, the Outward-Processing Trade (OTP) played a major role: the increase of the OTP data from 1991 to 1998 is very strong, especially if the consider the geographical area of the Central and Eastern European Countries (CEECs). Among the CEECs, the Italian firms are mainly linked to Rumania. Our paper confirms the complementary existing among the different types of internationalisation tools.

Il cluster delle nanotecnologie in Piemonte

The main goal of the paper is to shed light on the industrial structure of the local nanotech cluster, in order to make an industrial policy proposal to renew the local industrial system. The concept of industrial cluster and the main characteristics of nanotechnologies are discussed, to define the theorethical and the technological background of the empirical analysis. The latter is based on the characteristcs and the behaviour of the different actors of the nanotech cluster (research institutions, firms, technology transfer institutions). These actors are described by their quantitative and qualitative features. Finally, a SWOT analysis summarizes the key elements of the cluster and the opportunities of future growth. The results show that the Piedmont nanotech cluster is at the beginning its life-cicle and is not well defined in terms of industrial structure yet. In any case, as all the key actors of the sectorial innovation system are present in the area, it will be possible to foster the nanotech cluster through a local industrial policy based on subsidized technology transfer programmes.Firm, Cluster, Nanotech, Local development

Strategie di crescita esterna delle imprese leader in Europa: risultati preliminari dell'utilizzo del data-base Ceris 100 top EU firms' Acquisition/Divestment database 1987-1993 (M&A strategy of large companies in Europe: preliminary results from the Ceris database 100 top EU firms' Acquisition/Divestment database 1987-1993)

WP 18/1997; The database ADD (Acquisition and Divestment Database) was established at Ceris in order to investigate the external growth of large EU firms. The selection of the companies included in the ADD was aimed at building an homogeneous database according to the Market Share Matrix (MSM) - a database generated within a EU project on the structure of European manufacturing industry. In principle, the consistency between the two databases makes it possible to use jointly information on diversification and internationalisation of EU firms (MSM) and on their external growth (ADD). For each company, we considered the deals directly or indirectly carried out by the holding company and by the affiliates controlled by a percentage exceeding 50%.The database consists of 3 sets of variables describing: i) the "target" of the deal, i.e. the company that has been acquired; ii) the acquiring firm; iii) the characteristics of the deal itself

Local factors and small firms of non-EU immigrants

WP 14/2012; Our paper analyzes the characteristics of micro firms managed by immigrant entrepreneurs in Italy. We process ISTAT data on individual businesses at province level, in order to understand if the foreign entrepreneurial rate is determined by local factors or by the ethnic characteristic of the firm. The descriptive analysis of the phenomenon suggests that there are different entrepreneurial rates, and that the ethnic, the economic activity and the geographic location of the company could play a major role in determining those differences. The results of the econometric exercise show the importance of local factors at province level, such as unemployment rate, province openness to immigrants, age of local population

Accordi, joint-venture e investimenti diretti dell'industria italiana nella CSI: Un'analisi qualitativa

WP 07/1996; Le joint venture italiane nella Csi rappresentano un utile strumento di internazionalizzazione dell'impresa, tanto dal punto di vista della diversificazione dei mercati di sbocco, quanto da quello della delocalizzazione di attività produttive in paesi a basso costo del lavoro. Il censimento delle operazioni aventi finalità produttive condotte dalle imprese italiane nella Csi e attive al 1995 consente di approfondire tali aspetti. In particolare, la ricerca evidenzia i caratteri distintivi dei partner italiani e di quelli locali (con riferimento alla dimensione, fatturato, settore economico, localizzazione geografica, ecc.), nonché quelli dell'operazione stessa (con riferimento al tipo e al mercato di sbocco della produzione effettuata in loco, al capitale investito, ai problemi incontrati, ecc.). L'importanza dei settori tradizionali, delle piccole imprese, dell'ottica di medio periodo con cui effettuare l'investimento, del carattere aggiuntivo e non sostitutivo della produzione locale rispetto a quella italiana rappresenta il principale risultato che emerge dallo studio

Multinational Strategies and Outward-Processing Trade between Italy and the CEECS: The Case of the Textile-Clothing.

WP 15/2000; The paper is focused on the internationalisation process of the Italian firms within the textile-clothing industry. According to the economic literature on this topics, the Italian industry, as well as the textile-clothing sector, seem to be a follower, as far as the internationalisation process is concerned. Only since the Nineties, the international pattern of growth of the textile-clothing sector is strictly linked to the delocalisation of production and the creation of foreign affiliates. Within this contest, the Outward-Processing Trade (OTP) played a major role: the increase of the OTP data from 1991 to 1998 is very strong, especially if the consider the geographical area of the Central and Eastern European Countries (CEECs). Among the CEECs, the Italian firms are mainly linked to Rumania. Our paper confirms the complementary existing among the different types of internationalisation tools

Distretti industriali e innovazione: i limiti dei sistemi tecnologici locali (Industrial Districts and Innovation: the Limits of the Local Technological Systems)

WP 12/1997; A new approach of the innovation policies at the local level is concerning the creation of regional innovation systems. In Italy however the district level seems to be more adequate for the public intervention to capture the specific sectorial and local nature of the innovation process. In the Piedmont case the strong innovative potential is not sufficient in order to transform the technical systems of the two district, analysed in the paper, Biella and Cusio-Valsesia, into more modern technological systems

Il cluster delle nanotecnologie in Piemonte

WP 10/2009; The main goal of the paper is to shed light on the industrial structure of the local nanotech cluster, in order to make an industrial policy proposal to renew the local industrial system. The concept of industrial cluster and the main characteristics of nanotechnologies are discussed, to define the theorethical and the technological background of the empirical analysis. The latter is based on the characteristcs and the behaviour of the different actors of the nanotech cluster (research institutions, firms, technology transfer institutions). These actors are described by their quantitative and qualitative features. Finally, a SWOT analysis summarizes the key elements of the cluster and the opportunities of future growth. The results show that the Piedmont nanotech cluster is at the beginning its life-cicle and is not well defined in terms of industrial structure yet. In any case, as all the key actors of the sectorial innovation system are present in the area, it will be possible to foster the nanotech cluster through a local industrial policy based on subsidized technology transfer programmes