The Machine Tool Industry in Italy: Industrial Innovations and Performances

Paolo Rizzi, Fabio Campanini, Serena Costa

Research output: Working paper

Abstract

The machine tool industry has a leading role in the Italian manufacturing system, above all in Northern Italy. This industrial branch is a strategic intermediate point in many manufacture dies, with an average innovation intensity higher than that of many other industrial branches. This work investigates if and in which way the innovation and the R&D processes carried out in the sector firms affect their productivity. We built a significant sample, which answered a questionnaire based on the CIS (Community Innovation Survey). Also a regional geographic dimension is used, to test the presence of specific local effects. Results show a positive and strong contribution from human capital to productivity, while, in the short term, physical capital have a negative impact, a result probably influenced by the economic crisis.
Original languageEnglish
PublisherDipartimento di scienze economiche e sociali, Università cattolica del Sacro Cuore, Piacenza
Number of pages26
Publication statusPublished - 2013

Keywords

  • FIRM PERFORMANCE
  • INNOVATION

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