A Reform Strategy for Italy

M.W.J.L. Sanders, Luca Grilli, G. Latifi, Elisa Terragno Bogliaccini, Mikael Stenkula, László Szerb, Balazs Pager, A.M. Herrmann

Research output: Chapter in Book/Report/Conference proceedingChapterAcademicpeer-review

Abstract

In this chapter, we outline a reform strategy to promote an entrepreneurial society in Italy. From a Varieties-of-Capitalism perspective, Italy has been classified as a Mixed or Mediterranean Market Economy. It boasts a vibrant entrepreneurial economy of locally embedded, often family-owned small- and medium-sized firms that make up a major share of its economy. The main bottlenecks in the Italian entrepreneurial ecosystem are low ambition levels, the lack of skills and education flowing into entrepreneurial ventures, and a bureaucratically encumbered, non-meritocratic, business environment that feeds back into a low familiarity with ambitious entrepreneurship. Italy could strengthen its entrepreneurial ecosystem in several areas, ranging from boosting human capital investments to reducing the clientelism in the business environment and recruitment culture. This would open up more opportunities for the young and talented, eager to engage in productive and innovative venturing in Italy.
Original languageEnglish
Title of host publicationThe Entrepreneurial Society
Subtitle of host publicationA Reform Agenda for Germany, Italy and the UK
EditorsMark Sanders, Mikael Stenkula, Axel Marx
PublisherSpringer
Chapter6
Pages127-162
Number of pages36
ISBN (Electronic)978-3-662-61007-7
ISBN (Print)978-3-662-61006-0
DOIs
Publication statusPublished - 2020

Publication series

NameInternational Studies in Entrepreneurship
PublisherSpringer
Volume44
ISSN (Print)1572-1922
ISSN (Electronic)2197-5884

Keywords

  • Entrepreneurship
  • Entrepreneurship Policy

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