The growth trend of Western economies has declined slowly but steadily over the last fifteen years. Shorter and less intense recoveries have at times triggered hopes for a new trend that, in fact, has never occurred. Within this framework of generalized slowdown, Italy displays an even weaker...

Our paper analyzes the growth potential of the Italian industrial system, in order to devise a more efficient allocation of the limited available public resources for R&D. Our focus lies mainly on two topics. At first, in the current global economic environment, enhancing the value of goods and...