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Business incubators in Italy

Marta Auricchio (), Marco Cantamessa (), Alessandra Colombelli, Roberto Cullino (), Andrea Orame () and Emilio Paolucci ()
Additional contact information
Marta Auricchio: Bank of Italy
Marco Cantamessa: Polytechnic of Turin
Roberto Cullino: Bank of Italy
Andrea Orame: Bank of Italy
Emilio Paolucci: Polytechnic of Turin

No 216, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: The Italian economy has suffered from structural problems for the last fifteen years, which have weakened its competitiveness. The innovation gap, by international standards, is one of those problems. Business incubators are one of the solutions proposed in the economic literature and put into practice in many countries in order to increase the birth and survival rates of extremely innovative firms. With the help of an empirical survey of a highly representative sample of Italian business incubators and a significant subset of incubated start-ups, this paper draws an institutional and functional map of business incubators in Italy. Italian incubators are mostly small and heavily dependent on public funding. They mainly provide logistical services, less frequently higher value added ones like consulting and networking. According to the firms interviewed, the role played by incubators is on average useful but not essential for the success of the start-up.

Keywords: innovation; start-up; public policy (search for similar items in EconPapers)
JEL-codes: G28 M13 O31 (search for similar items in EconPapers)
Date: 2014-04
New Economics Papers: this item is included in nep-cse, nep-ent, nep-eur and nep-ino
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Citations: View citations in EconPapers (1)

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