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Metrics of innovation: measuring the Italian gap

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  • Michele Benvenuti

    ()
    (Banca d'Italia)

  • Luca Casolaro

    ()
    (Banca d'Italia)

  • Elena Gennari

    ()
    (Banca d'Italia)

Abstract

The paper surveys the literature on the measurement of innovation activity and evaluates the position of Italy with respect to the other major European countries. Innovation has been measured from different perspectives: the environment in which firms operate, firms' commitment, its outcome. Both traditional and new measures of innovation are considered, using national accounts and survey data. Italy shows the largest gap for measures related to regulatory frameworks, ICT infrastructure and financial support for innovation expenditure. Italian firms stand out for the low level of inputs, especially R&D expenditure and the presence of graduates. The analysis of expenditure by size shows that, in particular, large Italian firms lag behind in the international comparison. Despite these premises, a relatively large share of Italian firms claim to innovate, even if their R&D expenditure is low. In defending intellectual property rights, firms rely more on industrial designs and trademarks than on patents . Overall, the survey confirms that innovation in Italy is more incremental than based on technology and R&D, therefore less able to increase firms' productivity and overall growth.

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Bibliographic Info

Paper provided by Bank of Italy, Economic Research and International Relations Area in its series Questioni di Economia e Finanza (Occasional Papers) with number 168.

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Date of creation: Jun 2013
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Handle: RePEc:bdi:opques:qef_168_13

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Keywords: innovation; R&D; patents;

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  1. Jacques Mairesse & Bruno Crépon & Emmanuel Duguet, 2000. "Mesurer le rendement de l'innovation," Économie et Statistique, Programme National Persée, Programme National Persée, vol. 334(1), pages 65-78.
  2. Carlo Altomonte & Tommaso Aquilante & Gianmarco Ottaviano, . "The triggers of competitiveness: The EFIGE cross-country report," Blueprints, Bruegel, number 738, December.
  3. Vincenzo Spiezia, 2011. "Are ICT Users More Innovative?: an Analysis of ICT-Enabled Innovation in OECD Firms," OECD Journal: Economic Studies, OECD Publishing, OECD Publishing, vol. 2011(1), pages 1-21.
  4. Messinis, George & Ahmed, Abdullahi D., 2013. "Cognitive skills, innovation and technology diffusion," Economic Modelling, Elsevier, Elsevier, vol. 30(C), pages 565-578.
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Cited by:
  1. Carlo Maria Arpaia & Raffaele Doronzo & Pasquale Ferro, 2013. "Innovation and government payments in the Italian digital agenda," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area 169, Bank of Italy, Economic Research and International Relations Area.

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