IDEAS home Printed from https://ideas.repec.org/p/bdi/workqs/qse_15.html
   My bibliography  Save this paper

Old and new Italian multinational firms

Author

Listed:
  • Giuseppe Berta

    () (Universit� Commerciale "Luigi Bocconi", Milan)

  • Fabrizio Onida

    () (Universit� Commerciale "Luigi Bocconi", Milan)

Abstract

After a quick profile of Italian foreign direct investments since 1900 and a short review of the main explanations of the lagged multinational growth by Italian manufacturing companies, a quick glimpse of business histories is given to the only two still today living "old protagonists" (Pirelli, Fiat) and to three old corporate groups (Olivetti, SNIA Viscosa, Montecatini-Montedison) who had also reached a significant degree of full internationalization early in the XX century, but during the second postwar period underwent profound dismantling of their original business mission. Finally the paper focuses on few cases of "new protagonists", mid-size family companies who undertook a true multinational strategy only in the most recent decades and today represent the core of the Italian "fourth capitalism".

Suggested Citation

  • Giuseppe Berta & Fabrizio Onida, 2011. "Old and new Italian multinational firms," Quaderni di storia economica (Economic History Working Papers) 15, Bank of Italy, Economic Research and International Relations Area.
  • Handle: RePEc:bdi:workqs:qse_15
    as

    Download full text from publisher

    File URL: http://www.bancaditalia.it/pubblicazioni/quaderni-storia/2011-0015/QSEn_15.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Federico Barbiellini Amidei & Andrea Goldstein & Marcella Spadoni, 2010. "European acquisitions in the United States: re-examining Olivetti-Underwood fifty years later," Quaderni di storia economica (Economic History Working Papers) 2, Bank of Italy, Economic Research and International Relations Area.
    2. Markusen, James R. & Venables, Anthony J., 1998. "Multinational firms and the new trade theory," Journal of International Economics, Elsevier, vol. 46(2), pages 183-203, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Federico Barbiellini Amidei & John Cantwell & Anna Spadavecchia, 2011. "Innovation and Foreign Technology in Italy,1861-2011," Quaderni di storia economica (Economic History Working Papers) 07, Bank of Italy, Economic Research and International Relations Area.
    2. Alessandro Borin & Riccardo Cristadoro, 2014. "Foreign direct investment and multinational firms," Questioni di Economia e Finanza (Occasional Papers) 243, Bank of Italy, Economic Research and International Relations Area.
    3. repec:bdi:workqs:qse_07 is not listed on IDEAS

    More about this item

    Keywords

    Italian industry-multinational companies;

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • N63 - Economic History - - Manufacturing and Construction - - - Europe: Pre-1913
    • N64 - Economic History - - Manufacturing and Construction - - - Europe: 1913-
    • N83 - Economic History - - Micro-Business History - - - Europe: Pre-1913
    • N84 - Economic History - - Micro-Business History - - - Europe: 1913-

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdi:workqs:qse_15. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: http://edirc.repec.org/data/bdigvit.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.