@article {664, title = {Economic Cost{\textendash}Benefit Analysis on Smart Grid Implementation in China {\textdagger}}, journal = {Sustainability (Switzerland)}, year = {2025}, doi = {10.3390/su17072946}, author = {Boateng, N.S. and Liscio, M.C. and Sospiro, P. and Talluri, G.} } @article {666, title = {From agriculture to agroindustry: the European Union Farm to Fork policy}, journal = {Journal of Industrial and Business Economics}, year = {2025}, doi = {10.1007/s40812-025-00355-2}, author = {Weber, M. and Liscio, M.C. and Bregoli, D. and Sospiro, P.} } @article {663, title = {European Union Macroregional Strategies: Overview on the Adriatic-Ionian Region Seaports}, journal = {Industria}, year = {2024}, doi = {10.1430/114410}, author = {Amatore, A.E. and Bregoli, D. and Iacobucci, D. and Liscio, M.C. and Olimini, Z. and Sospiro, P.} } @article {657, title = {Exploring the Evolution of Smart Cities: A Review on Energy, Mobility, and Waste Management Aspects}, journal = {IntechOpen}, year = {2024}, doi = {10.5772/intechopen.114330}, author = {Bregoli, D. and Liscio, M.C. and Nabiti, N. and Sospiro, P.} } @article {587, title = {Self-selection of entrepreneurial firms in thin venture capital markets: Theory and empirical evidence}, journal = {Strategic Entrepreneurship Journal}, volume = {13}, year = {2019}, pages = {47-74}, publisher = {Blackwell Publishing Ltd}, abstract = {

Research Summary: We develop a two-step selection model between entrepreneurial ventures and venture capital (VC) investors in a thin VC market. The model predicts that in a thin VC market, the availability of VC reduces the propensity of firms to self-select into the market for VC (demand-side selection) but not the probability that firms entering the market for VC will receive financing (supply-side selection). We test these predictions using survey-based data on 190 new technology-based firms in Italy during the late 1990s and early 2000s. The empirical evidence supports the predictions of the model. Managerial Summary: Venture capital (VC) is an important ingredient of an environment that is conducive to the birth and the growth of entrepreneurial ventures, but VC markets are often highly local and thin in terms of participants. We show that the scarcity of VC supply may cause a drop in the demand for VC because entrepreneurs, anticipating that competition for VC money will be tough, will not seek VC in the first place. The more a market is thin, the more the demand-side selection is likely to become more important than the supply-side selection of VC investors. Demand-side selection may involve a significant number of otherwise good targets for VC investment, which will not be in the radar of VC investors. In turn, this may deter new VC investors from entering the local market, thus creating a vicious cycle that raises concerns for both policy makers and VC general partners. Copyright {\textcopyright} 2017 Strategic Management Society

}, issn = {19324391}, doi = {10.1002/sej.1280}, url = {https://www.scopus.com/inward/record.uri?eid=2-s2.0-85062715298\&doi=10.1002\%2fsej.1280\&partnerID=40\&md5=f0d198e85fe00e1a01a538dd1483c050}, author = {Bertoni, F. and D{\textquoteright}Adda, D. and Grilli, L.} } @article {588, title = {Academic spin-offs{\textquoteright} entrepreneurial teams and performance: a subgroups approach}, journal = {Journal of Technology Transfer}, volume = {43}, year = {2018}, pages = {714-733}, publisher = {Springer New York LLC}, abstract = {

Academic spin-offs{\textquoteright} entrepreneurial teams generally concentrate high levels of research and development experience while they are often found lacking in commercial skills. This prompts the integration of surrogate entrepreneurs (practitioners) but the literature questions the effectiveness of these artificially created teams. We argue that faultline theory applied to this context of different identity-based subgroups in a team can provide important insight, and complement the traditional approaches to top team diversity such as upper echelons theory. Our research compares the impact of the three main possible academic spin-off entrepreneurial team configurations on the two principal success-related tasks, innovation and sales, and considers the role important stakeholders, such as public research institutions and industrial partners, can have. In a sample of 164 academic spin-offs, we show that certain configurations are more suited to certain objectives and that faultline theory does indeed contribute to better our understanding of the entrepreneurial teams{\textquoteright} outcomes. Furthermore, the expectations one might have with regard to the extended entrepreneurial team as a possible remedy for weak core team configurations are not supported by our data. Implications for theory and practice are provided. {\textcopyright} 2017, Springer Science+Business Media, LLC.

}, keywords = {Academic spin-offs, Commercial performance, Diversity, Entrepreneurial teams, Faultline theory, Industrial research, Innovation, Societies and institutions}, issn = {08929912}, doi = {10.1007/s10961-017-9623-7}, url = {https://www.scopus.com/inward/record.uri?eid=2-s2.0-85029506376\&doi=10.1007\%2fs10961-017-9623-7\&partnerID=40\&md5=6c0b418a9a68daaec50147776448fdfa}, author = {Ben-Hafa{\"\i}edh, C. and Micozzi, A. and Pattitoni, P.} } @article {565, title = {Self-selection of entrepreneurial firms in thin venture capital markets: Theory and empirical evidence}, journal = {Strategic Entrepreneurship Journal}, year = {2018}, keywords = {Entrepreneurial firms, High-tech entrepreneurship, market thinness, Selection, Venture capital}, issn = {1932-443X}, doi = {10.1002/sej.1280}, url = {http://onlinelibrary.wiley.com/doi/10.1002/sej.1280/abstract}, author = {Bertoni, Fabio and D{\textquoteright}Adda, Diego and Grilli, Luca} } @article {589, title = {What are the trade-offs of academic entrepreneurship? An investigation on the Italian case}, journal = {Journal of Technology Transfer}, volume = {43}, year = {2018}, pages = {198-221}, publisher = {Springer New York LLC}, abstract = {

This study addresses the following research questions: what happens to the propensity to collaborate with other firms, once the researcher creates her own venture? Do her collaborations decrease or do they grow? These questions have been overlooked by the current literature, even though they carry important policy implications. Our key suggestion is that the effectiveness of a technology transfer tool can be better assessed by taking into account the possible crowding-out effects with other channels of knowledge transfer. We do so for Italy, by comparing the behavior of single researchers, before and after the establishment of their own firm, with the behavior of a control group. We assess whether those academics that founded their own firm significantly change their attitude to perform research collaborations with other firms by means of co-publication and co-patenting. We also verify whether creating a firm has an impact on the overall patenting and publication performance. Our results suggest that there is a negative effect on the overall publishing performance, while the patenting activity does not change significantly. Regarding co-publications, our results confirm the existence of a substitution effect between spin-offs and co-publication with firms, while we observe an increase in the case of co-patenting. A closer look at the data, however, suggests that the latter is mainly triggered by the patenting activity that the researcher performs with his or her own company. {\textcopyright} 2016, Springer Science+Business Media New York.

}, keywords = {Academic entrepreneurship, Behavioral research, Economic and social effects, Knowledge management, Patenting activities, Patents and inventions, Policy evaluation, Policy implications, Propensity score matching, Public policy, Publishing, Research collaborations, Spin off, Substitution effect, Technology Transfer}, issn = {08929912}, doi = {10.1007/s10961-016-9482-7}, url = {https://www.scopus.com/inward/record.uri?eid=2-s2.0-84968547880\&doi=10.1007\%2fs10961-016-9482-7\&partnerID=40\&md5=2133632f90803ed24d87019494bbaefb}, author = {Barbieri, E. and Rubini, L. and Pollio, C. and Micozzi, A.} } @article {bertoni_cherry-picking_2015, title = {Cherry-picking or frog-kissing? A theoretical analysis of how investors select entrepreneurial ventures in thin venture capital markets}, journal = {Small Business Economics}, year = {2015}, pages = {1{\textendash}15}, abstract = {

We propose a formal model that analyzes which entrepreneurial ventures actively seek and subsequently obtain venture capital (VC) financing in thin VC markets. The model shows that in thin VC markets, (1) VC investors will invest in companies in need (frog-kissing) rather than in best performers (cherry-picking), and (2) the best performing ventures will self-select out of the market for VC. These conclusions are in line with the results from the literature, which note that in Europe many entrepreneurial firms do not actively seek VC investment and that VC investors do not appear to possess the same cherry-picking ability that they have in the US.

}, keywords = {Entrepreneurship}, issn = {0921-898X, 1573-0913}, doi = {10.1007/s11187-015-9690-9}, url = {http://link.springer.com/article/10.1007/s11187-015-9690-9}, author = {Bertoni, Fabio and D{\textquoteright}Adda, Diego and Grilli, Luca} } @article {bertoni_venture_2010, title = {Venture capital investments and patenting activity of high-tech start-ups: a micro-econometric firm-level analysis}, journal = {Venture Capital}, volume = {12}, number = {4}, year = {2010}, pages = {307{\textendash}326}, abstract = {

The aim of this paper is to analyse empirically the impact of venture capital (VC) finance on the innovation output of new technology-based firms (NTBFs) as reflected by their patenting activity. In particular, we compare the patenting rates of VC-backed and non-VC-backed NTBFs. To investigate whether VC investments spur patenting activity, we consider a unique longitudinal dataset composed of 351 Italian NTBFs operating in high-tech manufacturing industries and software, 33 of which are VC-backed. We estimate different econometric models on panel data, controlling for factors that may affect a firm{\textquoteright}s patenting behaviour other than the presence of VC, like founders{\textquoteright} human capital and use of other sources of financing. The results show that VC investments positively affect subsequent patenting activity and that before receiving VC, VC-backed firms do not exhibit a higher patenting propensity than other firms.

}, keywords = {Entrepreneurship}, issn = {1369-1066}, doi = {10.1080/13691066.2010.486157}, url = {http://dx.doi.org/10.1080/13691066.2010.486157}, author = {Bertoni, Fabio and Croce, Annalisa and D{\textquoteright}Adda, Diego} } @article { 11566_82742, title = {Alcune considerazioni sul {\textquoteleft}ritardo{\textquoteright} dell{\textquoteright}industria italiana}, journal = {L{\textquoteright}INDUSTRIA}, volume = {XXV}, year = {2004}, pages = {639{\textendash}653}, keywords = {Entrepreneurship}, author = {V. Balloni and D. Iacobucci} } @article {Balloni2004175, title = {The role of medium-sized and large firms in the evolution of industrial districts. The case of Marche}, journal = {Contributions to Economics}, year = {2004}, note = {cited By 1}, pages = {175-197}, keywords = {Business Groups }, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-4644235705\&partnerID=40\&md5=f864ca7a3118e5c47a1d30757cb31307}, author = {D. Iacobucci and V. Balloni} } @article { 11566_83042, title = {Alcuni casi di imprenditorialit{\`a} nelle Marche}, journal = {ECONOMIA MARCHE}, volume = {XX}, year = {2001}, pages = {77{\textendash}100}, keywords = {Entrepreneurship}, author = {V. Balloni and D. Di Maio and D. Iacobucci and F. Spigarelli} } @inbook { 11566_39408, title = {Diffusione e caratteristiche dei gruppi di piccole e medie imprese nelle aree distrettuali delle Marche}, booktitle = {Diffusione e caratteristiche dei gruppi di piccole e medie imprese nelle aree distrettuali}, year = {2001}, pages = {174{\textendash}237}, publisher = {GIUFFRE{\textquoteright} EDITORE}, organization = {GIUFFRE{\textquoteright} EDITORE}, address = {MILANO}, keywords = {Business Groups , Smart Specialization Strategy}, author = {D. Iacobucci and V. Balloni} } @article { 11566_30205, title = {I {\textquoteleft}nuovi protagonisti{\textquoteright} dell{\textquoteright}industria italiana}, journal = {L{\textquoteright}INDUSTRIA}, volume = {22}, year = {2001}, pages = {633{\textendash}675}, publisher = {Bologna : Societ{\`a} Editrice Il Mulino}, keywords = {Entrepreneurship}, author = {D. Iacobucci and V. Balloni} } @article { 11566_82735, title = {Distretti industriali, sistemi di piccola impresa, reti e gruppi: una breve riflessione}, journal = {ECONOMIA MARCHE}, volume = {XIX}, year = {2000}, pages = {7{\textendash}15}, keywords = {Business Groups , Technology Transfer}, author = {V. Balloni and D. Iacobucci} } @article { 11566_82737, title = {I processi di crescita delle medie imprese nelle regioni NEC}, journal = {ECONOMIA MARCHE}, volume = {XIX}, year = {2000}, pages = {3{\textendash}74}, keywords = {Entrepreneurship}, author = {V. Balloni and D. Iacobucci} } @inbook { 11566_38267, title = {L{\textquoteright}industria italiana dell{\textquoteright}elettrodomestico nel contesto internazionale}, year = {1999}, pages = {1{\textendash}146}, publisher = {G. Giappichelli Editore}, organization = {G. Giappichelli Editore}, address = {Torino}, abstract = {

GIAPPICHELLI

}, keywords = {Entrepreneurship, Smart Specialization Strategy}, author = {V. Balloni and M. Cucculelli and D. Iacobucci} } @article { 11566_82733, title = {Le politiche del governo locale nel modello NEC}, journal = {ECONOMIA MARCHE}, volume = {XVII}, year = {1998}, pages = {9{\textendash}118}, publisher = {Conerografica Sas:Zona Ind Espansione Aspio T, I 60021 Camerano An Italy:011 39 071 730031, EMAIL: info@congerografica.it, Fax: 011 39 071 731318}, keywords = {Entrepreneurship}, author = {V. Balloni and M. Cucculelli and D. Iacobucci} } @article { 11566_82729, title = {Cambiamenti in atto nell{\textquoteright}organizzazione dell{\textquoteright}industria marchigiana}, journal = {ECONOMIA MARCHE}, volume = {XVI}, year = {1997}, pages = {29{\textendash}66}, publisher = {Conerografica Sas:Zona Ind Espansione Aspio T, I 60021 Camerano An Italy:011 39 071 730031, EMAIL: info@congerografica.it, Fax: 011 39 071 731318}, keywords = {Entrepreneurship}, author = {V. Balloni and D. Iacobucci} }