We analyse the developments of investment and investment financing in Italy since 1995, based on data from national accounts and the flow of funds. The exceptional fall in investment after the global financial crisis in 2007 concerned all institutional sectors and asset categories. However,...

This paper reviews the theoretical literature concerning the welfare effects of Research Joint Ventures. The analysis pays attention on both the most debated questions and the topics not yet covered in the literature. The study suggests the existence of two main streams: one positive, the other...

The paper describes the innovation strategies of a representative sample of Italian firms participating to the Bank of Italy’s yearly survey. The evidence covers the 2008-2010 period and highlights some stylized facts widely discussed in the economic literature. Results show that the activity...

[ENGLISH] This paper reviews the theoretical literature concerning the welfare effects of research joint ventures. The analysis pays attention to both the most debated questions and the topics not yet covered in the literature. The study suggests the existence of two main streams: one positive,...