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Italian Entrepreneurship: Conjectures and Evidence from a Historical Perspective

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Author Info
Pier Angelo Toninelli ()
Michelangelo Vasta

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Abstract

This paper is the first product of an ongoing research on the determinants and the role of entrepreneurship in Italian economic development. Its primary aim is the creation of a data-set of Italian entrepreneurs for the period encompassed between the Unification of the Kingdom (1861) and the end of the XXth century. The main source of the research is a collection of 390 entrepreneurial biographies, prepared for an ongoing Dictionary of Italian Entrepreneurs. The first part of the paper presents a descriptive analysis of the main peculiarities of the country’s entrepreneurship on the basis of a few standard variables traditionally used in economic analysis. The second one refines the descriptive approach through a methodology – Multiple Correspondence Analysis and Cluster Analysis – usual by now in standard statistics, yet not very familiar to scholars in economic and/or business history. This has allowed us to single out a few entrepreneurial typologies of the history of Italian capitalism which partly confirm the “traditional” features already emphasized by historiography; such as the prominence of northern entrepreneurs, the strong relations both with own and partner’s families, the almost total absence of female entrepreneurs and an essentially middle-class rooted entrepreneurship. However a few novel interesting aspects emerge, the most surprising being the good level of formal education of the sample: a neat majority (60%) has a medium/high degree and almost one third an university degree.

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File URL: http://dipeco.economia.unimib.it/repec/pdf/mibwpaper155.pdf
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File Function: First version, 2009
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Publisher Info
Paper provided by University of Milano-Bicocca, Department of Economics in its series Working Papers with number 155.

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Length: 41 pages
Date of creation: Feb 2009
Date of revision: Feb 2009
Handle: RePEc:mib:wpaper:155

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Related research
Keywords: Business history; Italian entrepreneurship; cluster analysis;

Find related papers by JEL classification:
N83 - Economic History - - Micro-Business History - - - Europe: Pre-1913
N84 - Economic History - - Micro-Business History - - - Europe: 1913-
L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
Z13 - Other Special Topics - - Cultural Economics - - - Social Norms and Social Capital; Social Networks Economic Anthropology

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This page was last updated on 2009-11-9.


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