@article {579,
	title = {Agglomeration, networking and the Great Recession},
	journal = {Regional Studies},
	volume = {53},
	year = {2019},
	pages = {951-962},
	publisher = {Routledge},
	abstract = {<p>This paper analyzes how and to what extent firms{\textquoteright} external relations, such as belonging to a local cluster or a business group, affect the probability of firm survival and economic performance after the 2008 Great Recession. Using a large data set of Italian manufacturing companies for the period 2005{\textendash}12, it was found that belonging to a business group or a local cluster mitigates the selection effect determined by the real and financial shocks, while in the case of firms not belonging to groups, only the more efficient units survive. This means that firms belonging to a group or local cluster are expected to show a lower likelihood of failure and also lower performance compared with stand-alone firms. {\textcopyright} 2018, {\textcopyright} 2018 Regional Studies Association.</p>
},
	keywords = {agglomeration, business, data set, economic analysis, financial crisis, Italy, manufacturing, networking, probability},
	issn = {00343404},
	doi = {10.1080/00343404.2018.1511892},
	url = {https://www.scopus.com/inward/record.uri?eid=2-s2.0-85053309295\&doi=10.1080\%2f00343404.2018.1511892\&partnerID=40\&md5=614bc6c55f4bf2ab7f9e3f8384b4eef6},
	author = {Cainelli, G. and Giannini, V. and Iacobucci, D.}
}
@article {581,
	title = {Small firms and bank financing in bad times},
	journal = {Small Business Economics},
	year = {2019},
	publisher = {Springer New York LLC},
	abstract = {<p>This paper aims to analyze access to bank financing by small firms belonging to business groups compared to independent firms. We consider Italian manufacturing firms during the severe credit-crunch during 2010{\textendash}2012 caused by the financial crisis and subsequent domestic recession. We expect belonging to a business group to facilitate access to bank financing as the result of two different mechanisms: (i) the implicit guarantee provided by group belonging (affiliation effect) and (ii) the transfer of resources via the internal capital market (portfolio effect). The empirical evidence confirms our hypotheses. Belonging to a business group facilitates access to bank financing, while the presence of an internal capital market, which substitutes for both the decision to obtain bank financing and the amount borrowed, makes firms that are part of a business group less dependent than independent firms on this type of financing. {\textcopyright} 2019, Springer Science+Business Media, LLC, part of Springer Nature.</p>
},
	issn = {0921898X},
	doi = {10.1007/s11187-019-00164-7},
	url = {https://www.scopus.com/inward/record.uri?eid=2-s2.0-85064335540\&doi=10.1007\%2fs11187-019-00164-7\&partnerID=40\&md5=2f70a062bfa23a6d83401a672dba9a25},
	author = {Cainelli, G. and Giannini, V. and Iacobucci, D.}
}
@article {Cainelli2018,
	title = {Agglomeration, networking and the Great Recession},
	journal = {Regional Studies},
	year = {2018},
	note = {cited By 0; Article in Press},
	doi = {10.1080/00343404.2018.1511892},
	url = {https://www.scopus.com/inward/record.uri?eid=2-s2.0-85053309295\&doi=10.1080\%2f00343404.2018.1511892\&partnerID=40\&md5=614bc6c55f4bf2ab7f9e3f8384b4eef6},
	author = {Cainelli, G. and Giannini, V. and Iacobucci, D.}
}
@article {Giannini2018105,
	title = {To centralize or not to centralize: R\&amp;D organization in diversified firms},
	journal = {Industria},
	volume = {39},
	number = {1},
	year = {2018},
	note = {cited By 0},
	pages = {105-123},
	doi = {10.1430/90440},
	url = {https://www.scopus.com/inward/record.uri?eid=2-s2.0-85050100012\&doi=10.1430\%2f90440\&partnerID=40\&md5=df68323f57ad50f4a7a414ef1837890d},
	author = {Giannini, V. and Guzzini, E.}
}
@article {Cainelli2017365,
	title = {Business groups and the great recession in Italy [I gruppi d{\textquoteright}impresa e la grande recessione]},
	journal = {Industria},
	volume = {38},
	number = {3},
	year = {2017},
	note = {cited By 0},
	pages = {365-383},
	doi = {10.1430/88849},
	url = {https://www.scopus.com/inward/record.uri?eid=2-s2.0-85045927415\&doi=10.1430\%2f88849\&partnerID=40\&md5=16b9c0c23e26ef49ad30dbaf659d095e},
	author = {Cainelli, G. and Giannini, V. and Iacobucci, D.}
}
