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Regional policies for Italian innovative start-ups

Author

Listed:
  • Giuseppe Albanese

    (Bank of Italy)

  • Raffaello Bronzini

    (Bank of Italy)

  • Luciano Lavecchia

    (Bank of Italy)

  • Giovanni Soggia

    (Bank of Italy)

Abstract

This paper provides an overview of the regional policies for innovative start-ups implemented in Italy in the years 2012-2018. The data were gathered from a survey carried out by Bank of Italy branches in 2018, which were later updated using several other sources. The findings show that the Regions supported a significant number of projects (101, of which 75 focused only on innovative start-ups) and allocated a large volume of funds (€515 million, of which 340 for start-ups alone). The financial resources were allocated very differently across the Regions, with Lazio, Sardinia and the province of Trento allocating the largest amount of funds in per capita terms. This tends to reflect the policymakers’ preferences rather than differences in the economic structure of the geographical areas.

Suggested Citation

  • Giuseppe Albanese & Raffaello Bronzini & Luciano Lavecchia & Giovanni Soggia, 2019. "Regional policies for Italian innovative start-ups," Questioni di Economia e Finanza (Occasional Papers) 511, Bank of Italy, Economic Research and International Relations Area.
    • Handle: RePEc:bdi:opques:qef_511_19
    as

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    File URL: https://www.bancaditalia.it/pubblicazioni/qef/2019-0511/QEF_511_19.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    start-ups; regional policies; innovation policy; innovation;
    All these keywords.

    JEL classification:

    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • R0 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General
    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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