Corporate psychology. How does Italian entrepreneurship change?

The analysis on the entrepreneurial system development in the world involves inevitably the question: why in some countries businesses made a specific evolutionary process unlike others? Certainly specific and social conditions as well as economic legacies or regulatory issues promoted by political systems involve. However, these factors are mainly relevant when comparing companies from countries with clear socio-economic disparities. In the presence of a homogeneous economic development, however, other significant factors seem to intervene. Corporate psychology therefore aims to identify the causes conditioning the entrepreneurial choices in developed economies. In Italy, the evolutionary behaviour of enterprises has been clearly conditioned from the entrepreneurs’ conception of doing business. This principle involves the choice of the entrepreneurial initiative, the subsequent managerial decisions, and more generally the entrepreneurial fabric development. This paper aims to introduce the topic of the corporate psychology related to new entrepreneurial initiatives in Italy and to propose it as a useful tool for a stable corporate development

Companies and Covid-19: Emerging Challenges and Recovery Strategies through Technological Upgrading

This work aims to outline the emerging challenges that businesses are facing as a result of the pandemic spread of Covid-19 and possible solutions for rapid recovery of production and commercial activities. Studies show that the pandemic situation clearly combines with an evolutionary process already underway (revolution 4.0) that requires a reformulation of business models in a digital key. Through the explanation of the concept of techno-corporate gap, a term we coined, in this work it is shown how the “micro” initiatives of companies in adopting innovative systems have “macro” repercussions on the whole, influencing the well-known process of technological gap of an entire country with respect to others. Investments in innovation and business upgrading, therefore, are observed not only as a means to implement recovery strategies but also as a specific contribution that companies can give to make their country more competitive. Moreover, through the description of what we have called “Strategy Poker,” we explain how, during an extremely delicate situations such as the current one, companies must “to raise” rather than “to fold” in order to maintain the trust of all stakeholders and regain market share

CEC BANK CASE. PROPOSALS AND POSSIBLE SOLUTIONS FROM THE EXPERIENCE OF ITALIAN FOUNDATIONS OF BANKING ORIGIN

Privatization processes have been carried out all over the world in many different ways.However, sometimes due to particular features Countries involved can try inspiration and advantage from the experience of other Countries in which privatization has been already completed. In our opinion, that’s the case of Romanian CEC (Casa de Economii si Consemnatiuni) Bank that during 2005 has gone through a hard privatization process without obtaining a positive result. Because of interesting similarities with Italian Savings Banks, there is a great chance that CEC Bank takes possible and innovative solutions to conclude the privatization process. For this reason, in this paper, we present some proposals for a possible implementation of the Foundations of banking origin’s experience. In order to carry out this analysis, the paper is structured as follows. In the first chapter, we have retraced the most important steps of the privatization process made in Romania in order to understand the particular evolutionary path and features. In the second chapter, we focused on the similarities between CEC Bank and Italian Savings Banks (Casse di Risparmio) in order to clarify the chance to implement the Italian experience in Romania.The third chapter is completely devoted to Italian experience through the analysis of the privatization process featuring the Casse di Risparmio and at the same time the birth of the Foundations of banking origin. The last and more important chapter describe the possible steps the CEC Bank could make in order to accomplish its privatization process. Some conclusions end the paper

THE CORPORATE GOVERNANCE AND THE OPTIONS BETWEEN EQUITY AND DEBT CAPITAL. CONSIDERATIONS ON ACCESS TO CREDIT IN ITALIAN REALITY

to the new and numerous challenges that the market requires. These challenges are economic, but not only. A continuous and steady development involves actually the need to go beyond the limits, not only in the case of traditional companies, but also of those in the start up phase. To be in a multilateral and global economic system - as the present one – supposes a continuous upgrading of production technologies within companies, sometimes by undergoing serious reengineering processes. The updating of the company, however, cannot and should not be perceived as a simple and sudden initiative that is applied superficially just to conform to a market trend. It involves a certain difficulty, and especially the demand for new and ongoing investment in the sector of competence, therefore, it requires a careful process of analysis to relate multiple aspects of the company, including the availability of equity or the need to resort to foreign capital, such as to the bond market, to national or European facilitating tools or to foreign intervention of banking nature, on short or medium-long term, calibrating these interventions based on business needs. It is this delicate "step" in the life of a company - which requires a coherent, appropriate and stable organization of the governance of the company – that we want to tackle within this paper, as well as its interaction with the banking system, which in our specific case is the Italian one, all these by a brief empirical analysis of the relationship that links corporate governance to the access to finances, in the current banking context

Outcomes of Industry–University Collaboration in Open Innovation: An Exploratory Investigation of Their Antecedents’ Impact Based on a PLS-SEM and Soft Computing Approach

The outcomes of industry–university collaboration, in an open innovation context, may be of great support to firms, in their response to the challenges of today’s highly competitive environment. However, there is no empirical evidence on how these outcomes are influenced by their antecedents. Aiming to fill this gap, a research model to investigate the impact of the major antecedents, identified in the literature as motives, barriers and knowledge transfer channels on the beneficial outcomes and drawbacks of open innovation between the two organizations was developed in this study. The research model was empirically assessed, using a dual-stage predictive approach, based on PLS-SEM and soft computing constituents (artificial neural networks and adaptive neuro-fuzzy inference systems). PLS-SEM was successfully used to test the hypotheses of the research model, while the soft computing approach was employed to predict the complex dependencies between the outcomes and their antecedents. Insights into the relative importance of the antecedents, in shaping the open innovation outcomes, were provided through the importance–performance map analysis. The findings revealed the antecedents that had a significant positive impact on both the beneficial outcomes and drawbacks of industry–university collaboration, in open innovation. The results also highlighted the predictor importance in the research model, as well as the relative importance of the antecedent constructs, based on their effects on the two analyzed outcomes

Outcomes of Industry–University Collaboration in Open Innovation: An Exploratory Investigation of Their Antecedents’ Impact Based on a PLS-SEM and Soft Computing Approach

The outcomes of industry–university collaboration, in an open innovation context, may be of great support to firms, in their response to the challenges of today’s highly competitive environment. However, there is no empirical evidence on how these outcomes are influenced by their antecedents. Aiming to fill this gap, a research model to investigate the impact of the major antecedents, identified in the literature as motives, barriers and knowledge transfer channels on the beneficial outcomes and drawbacks of open innovation between the two organizations was developed in this study. The research model was empirically assessed, using a dual-stage predictive approach, based on PLS-SEM and soft computing constituents (artificial neural networks and adaptive neuro-fuzzy inference systems). PLS-SEM was successfully used to test the hypotheses of the research model, while the soft computing approach was employed to predict the complex dependencies between the outcomes and their antecedents. Insights into the relative importance of the antecedents, in shaping the open innovation outcomes, were provided through the importance–performance map analysis. The findings revealed the antecedents that had a significant positive impact on both the beneficial outcomes and drawbacks of industry–university collaboration, in open innovation. The results also highlighted the predictor importance in the research model, as well as the relative importance of the antecedent constructs, based on their effects on the two analyzed outcomes