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In search of lost time. Large firms and technological innovation


  • Vera Negri Zamagni


This essay offers some thoughts prompted by reading volume X of the series of historical studies produced by the Bank of Italy – a volume devoted to analyzing the relationships between technological innovation and economic growth in Italy in the post-World War II period. The major message emerging from it is that technological innovation has declined in Italy as from the end of the 1980s due to the collapse of many of the big corporations that were alone able to develop innovative research and introduce technological change. It was therefore in the first place a crisis in demand that led to the decline in innovation, and only subsequently in supply.

Suggested Citation

  • Vera Negri Zamagni, 2008. "In search of lost time. Large firms and technological innovation," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.
  • Handle: RePEc:rar:journl:0075

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    References listed on IDEAS

    1. Malthus, Thomas Robert, 1798. "An Essay on the Principle of Population," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number malthus1798.
    2. West, Edward, 1815. "Essay on the Application of Capital to Land," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number west1815.
    3. Kurz, Heinz D, 1978. "Rent Theory in a Multisectoral Model," Oxford Economic Papers, Oxford University Press, vol. 30(1), pages 16-37, March.
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    More about this item


    Industrial policy; Economic History of Europe; R&D;

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • N64 - Economic History - - Manufacturing and Construction - - - Europe: 1913-
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General


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