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Italian medium-sized enterprises and the fourth capitalism

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  • Schilirò, Daniele

Abstract

The work addresses the issue of Italian medium-sized enterprises of the fourth capitalism. The question is whether this business model is going to last and actually represent a new model for global competition. This contribution examines the features of the model of the medium industrial enterprise. It also investigates the performance of the Italian medium-sized enterprises, comparing with large companies. The analysis of the data, albeit at a descriptive level using data published by Mediobanca-Unioncamere, allows to take some significant features of these enterprises. The analysis of the business model of medium Italian enterprises highlights the low use of capital, the local roots, the importance of product innovation, the differentiation of products, the customer service, flexibility, specialization of production and internationalization. An important aspect stressed in the work is that the processes of innovation and internationalization that underlie the strategies of medium-sized companies require a strong collaboration with the institutions. Therefore, medium-sized enterprises need institutions, especially institutions that work. Lastly, medium Italian enterprises suffer from high taxation compared to their competitors.

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File URL: http://mpra.ub.uni-muenchen.de/41399/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 41399.

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Date of creation: Aug 2012
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Handle: RePEc:pra:mprapa:41399

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Keywords: medium-sized enterprises; fourth capitalism; knowledge; innovation; internationalization;

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References

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  1. Schilirò, Daniele, 2011. "Innovation and performance of Italian multinational enterprises of the “fourth capitalism”," MPRA Paper 34916, University Library of Munich, Germany.
  2. Daniele Schilirò & Maria Musca, 2010. "Le Medie Imprese Multinazionali del Quarto Capitalismo," CRANEC - Working Papers del Centro di Ricerche in Analisi economica e sviluppo economico internazionale, Università Cattolica del Sacro Cuore, Centro di Ricerche in Analisi economica e sviluppo econo crn1002, Università Cattolica del Sacro Cuore, Centro di Ricerche in Analisi economica e sviluppo economico internazionale (CRANEC).
  3. Daniele SCHILIRÒ, 2012. "Knowledge-Based Economies And The Institutional Environment," Theoretical and Practical Research in Economic Fields, ASERS Publishing, ASERS Publishing, vol. 0(1), pages 42-50, June.
  4. Schilirò, Daniele, 2005. "Economia della conoscenza,istituzioni e sviluppo economico
    [Knowledge-based economy, institutions and economic development]
    ," MPRA Paper 31492, University Library of Munich, Germany.
  5. Daniele Schilirò, 2007. "Knowledge, Learning, Networks and Performance of Firms in Knowledge-Based Economies," CRANEC - Working Papers del Centro di Ricerche in Analisi economica e sviluppo economico internazionale, Università Cattolica del Sacro Cuore, Centro di Ricerche in Analisi economica e sviluppo econo crn0702, Università Cattolica del Sacro Cuore, Centro di Ricerche in Analisi economica e sviluppo economico internazionale (CRANEC).
  6. Ivan O. Kitov, 2011. "The Evolution Of Firm Size Distribution," Theoretical and Practical Research in Economic Fields, ASERS Publishing, ASERS Publishing, vol. 0(1), pages 86-93, June.
  7. Daniele Schilirò, 2008. "I distretti industriali in Italia quale Modello di Sviluppo Locale: Aspetti evolutivi, potenzialità e criticità," CRANEC - Working Papers del Centro di Ricerche in Analisi economica e sviluppo economico internazionale, Università Cattolica del Sacro Cuore, Centro di Ricerche in Analisi economica e sviluppo econo crn0803, Università Cattolica del Sacro Cuore, Centro di Ricerche in Analisi economica e sviluppo economico internazionale (CRANEC).
  8. Hubert Escaith, 2010. "Global Supply Chains and the Great Trade Collapse: Guilty or Casualty?," Theoretical and Practical Research in Economic Fields, ASERS Publishing, ASERS Publishing, vol. 0(1), pages 27-41, June.
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Cited by:
  1. Musca, Maria & Schilirò, Daniele, 2012. "An investigation into medium-sized multinational enterprises," MPRA Paper 43012, University Library of Munich, Germany.

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