Il processo di ristrutturazione e di riorganizzazione in atto nel sistema bancario italiano in questo contributo viene analizzato con riferimento alle operazioni di crescita esterna, attuate nel periodo 1987-1994 e raccolte in un data-base costruito presso il Ceris-Cnr. Nell'analisi empirica,...

The analysis regarding the results of firms privatized mainly during the Eighties within competitive sectors confirms the superiority of private control. The comparison between suitable control samples shows an improvement in profitability associated to a clear progress in labour productivity....

Training plays a strategic role in improving the competitiveness and the productivity of the agricultural sector. Its role is widely recognized by the European Union that encourages it through the Rural Development Program, financing training courses for agricultural and forest operators. The...

This paper proposes an efficiency analysis of the major European incumbent firms in the fixed telecommunications sector. The non-parametric approach, that has been adopted here, expresses the efficiency according to a directional distance measure, allowing to consider the different nature of...

The Italian machine-tool industry has entered into an extremely delicate phase, regardless of the cyclical trend of demand. During the 80's the qualitative level of Italian production has increased, as demonstrated by the position of second largest European exporter, after Germany, and fourth...

This paper focuses on the diversification strategies of the largest manufacturing groups operating in Italy between 1987 and 1993. The analysis of diversification at the firm level and at the industry level is followed with an empirical investigation on the links between the different areas of...

The major challenge Fiat Auto has resolved to win in the '90s is the achievement of the Total Quality project, within which the most important aim is the Time to Market (T.T.M.) system, that is the satisfaction of those customers to whom "the right product at the right moment" should be offered....

This paper studies at firm level the relation between managerial capacity in doing innovation and profitability. Moving along the intersection between the evolutionary/neo-Schumpeterian theory and the Resource-Based-View of the firm, we prove econometrically that managerial efficiency in...

The UK machine tool industry has mirrored the fortunes of the rest of British industry since the early fifties. The observed decline has been both a part and a result of the weakening manufacturing base. In particular, the UK machine tool industry has suffered badly in the two recessions of the...

This paper analyses the empirical literature which tests the hypothesis that imports (or potential imports) may increase domestic competition. Most of studies analysed, including those conducted on industrialised countries and more recent contributions on less developed countries, confirm the...