The absorptive capacity—the ability of enterprises to efficiently absorb and internalise knowledge from outside sources—represents the link between firms’ capabilities to implement new products and the external stock of technological opportunities, such as those gleamed from Multinational...

The absorptive capacity represents the ability of enterprises to efficiently absorb and internalise knowledge from outside: it represents the link between firms’ capabilities to implement new products and the external stock of technological opportunities, such as those spilled-out from...

We test the hypothesis that innovating and targeting the upper-quality segment of markets increases Italian small and medium enterprises probability to export, providing empirical evidence that supports it. We observed a positive-quality effect and a strong impact of non-technological...

This article evaluates the determinants of FDI location in Italy. The focus of this pilot investigation is on the specific characteristics of municipalities located in the Emilia Romagna region over the period 2002-2007. A negative binomial estimation model is employed. It is found that the...

The process of real convergence in the EEC requires new strategies to be implemented both at macro and a micro level. At a microecomic level, real convergence is strictly related to the process of resource re-allocation among countries and sectors put forward by countries’ dynamic comparative...

This paper examines the main theoretical and empirical interpretations regarding the effects of foreign direct investment on technical efficiency of local firms and, in particular, in which way technical efficiency spillovers relate to the size of the technology gap between domestically-owned...

Empirical evidence shows a growing absolute gap between rich and poor people throughout the world. Such growing income differences are the outcome of significant inequalities of opportunities. In this paper we focus on the opportunities provided (or denied) to access knowledge embedded in new...

This work examines the main theoretical and empirical interpretations regarding the effects of foreign direct investment on productivity of local firms and, in particular, in which way productivity spillovers are related to the existence of regional differences. By taking into consideration the...

The article provides an analysis of some features of the Italian Credit System in the Nineties. In particular, it focuses on a comparison of Banks efficiency – in terms of costs, revenues and profits – in Northern and Southern Italy taking into account the dualistic structure, which...