TY - ADVS
T1 - The Rise of the Italian Space Industry: Entrepreneurial State and Demand-Driven Innovation Policy
AU - Landoni, Matteo
PY - 2011
Y1 - 2011
N2 - Despite the Italian system of production is well
-
known to be
specialized in traditional sectors, characterized by small enterprises
and very few investments in R&D and human capital, Finmeccanica
-
an Italian aerospace company
-
is a relevant player in the
global high
-
tech market. The aerospace holding group was es
tablished by the State in its entrepreneurial effort to substitute the
lack of high
-
tech ventures through State
-
holdings. However, only the aerospace and defense holding survived to the privatization
program in the first Nineties. This research argues that
a new strategy of innovation policy was able to sustain the high
-
tech
effort of the Italian system of innovation. Subsequent to the establishment of the Italian Space Agency in 1988, the Governme
nt
adopted public procurement as a tool for sustaining innov
ative activities driven by public demand. Moreover, that model
underlines the potential role of
forward public procurement
(FPP) in providing the market with advance information of future
needs. Since FPP is considered a powerful tool in the perspective of
many policy
-
makers, in particular in post
-
crisis Europe, the
aim of this research is to enlarge the knowledge about policy of innovation driven by public procurement.
AB - Despite the Italian system of production is well
-
known to be
specialized in traditional sectors, characterized by small enterprises
and very few investments in R&D and human capital, Finmeccanica
-
an Italian aerospace company
-
is a relevant player in the
global high
-
tech market. The aerospace holding group was es
tablished by the State in its entrepreneurial effort to substitute the
lack of high
-
tech ventures through State
-
holdings. However, only the aerospace and defense holding survived to the privatization
program in the first Nineties. This research argues that
a new strategy of innovation policy was able to sustain the high
-
tech
effort of the Italian system of innovation. Subsequent to the establishment of the Italian Space Agency in 1988, the Governme
nt
adopted public procurement as a tool for sustaining innov
ative activities driven by public demand. Moreover, that model
underlines the potential role of
forward public procurement
(FPP) in providing the market with advance information of future
needs. Since FPP is considered a powerful tool in the perspective of
many policy
-
makers, in particular in post
-
crisis Europe, the
aim of this research is to enlarge the knowledge about policy of innovation driven by public procurement.
KW - Innovation policy
KW - Space industry
KW - State-owned enterprises
KW - Technology policy
KW - Innovation policy
KW - Space industry
KW - State-owned enterprises
KW - Technology policy
UR - http://hdl.handle.net/10807/57445
UR - http://business.rutgers.edu/events/2011/04/20/seminar-rise-italian-space-industry-entrepreneurial-state-and-demand-driven-innova
M3 - Exhibition
ER -