Opening the black box of Entrepreneurship: the Italian case in a historical perspective
AbstractThe main objective of this paper is to shed light on the Italian entrepreneurship between the beginning of the Second industrial revolution and the end of the XX century. It is based on a new dataset concerning the profiles of 386 entrepreneurs. The results are twofold: first, by proposing an empirical based-taxonomy of Italian entrepreneurs not exclusively based on intuitions and qualitative judgments, we provide valuable interpretative elements; second, we put forward some hypothesis about the relationship between entrepreneurship and Italian economic growth. In particular we perform a Cluster Analysis which singles out five different entrepreneurial typologies characterized by a widespread tendency to searching for new markets, yet a scarce attitude towards innovation. Further we suggest that the evolution of the institutional context slowed down the development of the entrepreneurial abilities and virtues necessary to grow.
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Bibliographic InfoPaper provided by Department of Economics, University of Siena in its series Department of Economics University of Siena with number 628.
Date of creation: Dec 2011
Date of revision:
History of Entrepreneurship; Italian capitalism;
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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-01-03 (All new papers)
- NEP-CSE-2012-01-03 (Economics of Strategic Management)
- NEP-ENT-2012-01-03 (Entrepreneurship)
- NEP-HIS-2012-01-03 (Business, Economic & Financial History)
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