This study contributes to the debate about the role of industrial policies for innovation and internationalization on local economic performance. A panel data analysis on Italian regions examines the interrelationships between public grants, level of innovation and internationalization and...

By integrating the theoretical perspective of international business, economic geography and transportation science, we develop a novel framework to investigate the relationship between the localization of foreign direct investments (FDI) and air connectivity. In particular the key research...

This paper investigates empirically determinants of regional growth. The scant literature that exists indicates that a region’s economic growth depends to a large extent on several features of the regions themselves, which evolve slowly over time. Our results contribute to this set of...

Innovation virtuously impacts on the degree of international growth, which in turn positively influences innovation activities and then firms�™ performance (Filipescu et al., 2009). Many authors have tried to identify and explain the relationship between these two phenomena...

This study explores the process of firms' participation in financial subsidies supporting outward foreign direct investments. Policy makers should be concerned about the existence of self-selection mechanisms among eligible firms as they could fail to reach the target population. Using...

Public incentives have often been criticized for being ineffective, but there is still a lack of specific, rigorous analyses to either support or debunk that claim. In fact, no evidence has been provided so far on the role and effectiveness of financial incentives for outward...

For a long time family capitalism has been considered to be one of the distinguishing characteristics of the Italian economy. In Italy also large business organizations rely very often on this form of corporate governance. This paper examines both the actual institutional shocks and the missed...