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Innovation and Performance of SMEs in Italy: the Relevance of Spatial Aspects

In: Innovation, Networks and Localities

Author

Listed:
  • Roberto Camagni
  • Roberta Capello

Abstract

Since the 1970s, the role of small and medium firms in economic development has widely come to the fore in regional economic theory. During this period, especially in Italy, the good performance of regions with a high share of small firms contrasted with the poor and decreasing rate of growth of the traditional large firms of the North-Western part of the country. The so-called ‘Third Italy’ phenomenon became widely known, indicating the high economic performance of North-Eastern and Central regions (NEC)1. A long wave of economic success accompanied the regions of the Third Italy — a success which was explained by the high flexibility of small firms with respect to market volatility, their innovativeness in terms of customised production, and the existence of district economies accompanying territorial specialisation.

Suggested Citation

  • Roberto Camagni & Roberta Capello, 1999. "Innovation and Performance of SMEs in Italy: the Relevance of Spatial Aspects," Advances in Spatial Science, in: Manfred M. Fischer & Luis Suarez-Villa & Michael Steiner (ed.), Innovation, Networks and Localities, chapter 9, pages 181-214, Springer.
    • Handle: RePEc:spr:adspcp:978-3-642-58524-1_9
    DOI: 10.1007/978-3-642-58524-1_9
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    Cited by:

    1. Alexandra Goudi & Dimitris Skuras & Kyriaki Tsegenidi, 2003. "Innovation and Business Performance in Rural and Peripheral Areas of Greece," ERSA conference papers ersa03p337, European Regional Science Association.
    2. Shang, Juan & Wang, Zhuo & Li, Ling & Chen, Yong & Li, Pengfei, 2018. "A study on the correlation between technology innovation and the new-type urbanization in Shaanxi province," Technological Forecasting and Social Change, Elsevier, vol. 135(C), pages 266-273.

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