@article {599, title = {Discouraged Entrepreneurs and Persistence in Local Entrepreneurship. The Italian Case, 2001-2008}, journal = {L{\textquoteright}industria, Rivista di economia e politica industriale}, year = {2020}, pages = {155{\textendash}172}, publisher = {Societ{\`a} editrice il Mulino}, keywords = {Entrepreneurial Rate, Entrepreneurship, Local Production Systems, Path-Dependence, Persistence}, issn = {0019-7416}, doi = {10.1430/97175}, url = {https://www.rivisteweb.it/doi/10.1430/97175}, author = {Giulio Cainelli and Donato Iacobucci and Alessandra Micozzi} } @article {colombo_participation_2016, title = {The participation of new technology-based firms in EU-funded R\&D partnerships: The role of venture capital}, journal = {Research Policy}, volume = {45}, number = {2}, year = {2016}, pages = {361{\textendash}375}, abstract = {

This paper investigates the participation of new technology-based firms (NTBFs) in EU-funded R\&D partnerships. We examine whether venture capital (VC)-backed firms are more likely to enter these partnerships than their non VC-backed peers and the role of the ownership and governance of the VC investor. We resort to a mixed method approach. We use qualitative information collected through interviews with managers of NTBFs and VC firms to better illustrate our deductively derived theoretical hypotheses, that are then tested through a large scale econometric analysis. The econometric analysis takes advantage of the VICO dataset, which includes longitudinal data on 8346 NTBFs from seven European countries observed from 1995 to 2008, out of which 758 were VC-backed. The econometric results show that VC backing has a strong positive impact on NTBFs{\textquoteright} participation in EU-funded R\&D partnerships, but the magnitude of this effect rapidly decreases with NTBFs{\textquoteright} prior experience of this type of partnership. Moreover, the magnitude of the impact of VC backing considerably differs depending on the type of investor with bank and government VC exhibiting the strongest positive effects.

}, keywords = {Entrepreneurship}, issn = {0048-7333}, doi = {10.1016/j.respol.2015.10.011}, url = {http://www.sciencedirect.com/science/article/pii/S004873331500164X}, author = {Colombo, Massimo G. and D{\textquoteright}Adda, Diego and Pirelli, Lorenzo H.} } @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 {Cainelli2015, title = {Do Geographic Concentration and Vertically Related Variety Foster Firm Productivity? Micro-Evidence from Italy}, journal = {Growth and Change}, year = {2015}, note = {cited By 0; Article in Press}, keywords = {Business Groups , Entrepreneurship}, doi = {10.1111/grow.12112}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-84931351442\&partnerID=40\&md5=f0abefdeb2cbd51236eeb538bf93956f}, author = {D. Iacobucci and R. Ganau and G. Cainelli} } @book {Micozzi201549, title = {Fostering female entrepreneurship in academic spin-offs}, series = {University Evolution, Entrepreneurial Activity and Regional Competitiveness}, volume = {32}, year = {2015}, note = {cited By 0}, pages = {49-68}, keywords = {Entrepreneurship}, doi = {10.1007/978-3-319-17713-7_3}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-84955356582\&partnerID=40\&md5=61dfd6ac4824d09e950f13d87443b8ef}, author = {A. Micozzi and F. Micozzi and P. Pattitoni} } @article {Iacobucci2015434, title = {How to evaluate the impact of academic spin-offs on local development: an empirical analysis of the Italian case}, journal = {Journal of Technology Transfer}, volume = {40}, number = {3}, year = {2015}, note = {cited By 0}, pages = {434-452}, keywords = {Entrepreneurship}, doi = {10.1007/s10961-014-9357-8}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-84929061404\&partnerID=40\&md5=64ffaf8732b5fffcb502af581a5f9a8f}, author = {A. Micozzi and D. Iacobucci} } @article {Guzzini2014, title = {Growth in total factor productivity and links among firms}, journal = {Journal of Economic Interaction and Coordination}, year = {2014}, note = {cited By 1; Article in Press}, keywords = {Entrepreneurship}, doi = {10.1007/s11403-014-0138-0}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-84904844063\&partnerID=40\&md5=0555ce45f7089562305e2128df6dcfa8}, author = {E. Guzzini and A. Palestrini} } @article {colombo_hybrid_2014, title = {Hybrid alliances and radical innovation: the performance implications of integrating exploration and exploitation}, journal = {The Journal of Technology Transfer}, volume = {40}, number = {4}, year = {2014}, pages = {696{\textendash}722}, abstract = {

In this paper we examine the innovation performance of hybrid alliances, that is, alliances that combine exploration and exploitation activities. While previous research has emphasized the tensions engendered by the combination of exploration and exploitation, we claim that the integration of these two types of activities can generate synergies as well. We argue that, in the case of alliances involving academic spin-offs (ASOs), these synergies may outweigh the tensions under specific conditions, and thus improve alliance innovation performance. Specifically, we hypothesize that the relative performance of exploitation activities is greater in hybrid alliances when the alliance has radical innovation outcomes. Conversely, the relative performance of exploration activities is greater in hybrid alliances when the alliance has incremental innovation outcomes. These hypotheses are tested using fine-grained data on a sample of 149 alliances involving European ASOs.

}, keywords = {Entrepreneurship}, issn = {0892-9912, 1573-7047}, doi = {10.1007/s10961-014-9363-x}, url = {http://link.springer.com/article/10.1007/s10961-014-9363-x}, author = {Colombo, Massimo G. and Doganova, Liliana and Piva, Evila and D{\textquoteright}Adda, Diego and Mustar, Philippe} } @article { prev-41728, title = {I divari territoriali nella dinamica imprenditoriale in Italia}, journal = {L{\textquoteright}INDUSTRIA}, volume = {XXXV}, year = {2014}, pages = {49{\textendash}68}, keywords = {Entrepreneurship}, doi = {10.1430/77263}, author = {D. Iacobucci} } @article {croce_venture_2014, title = {Venture capital financing and the financial distress risk of portfolio firms: How independent and bank-affiliated investors differ}, journal = {Small Business Economics}, volume = {44}, number = {1}, year = {2014}, pages = {189{\textendash}206}, abstract = {

We analyze a sample of European high-tech entrepreneurial firms that received bank venture capital (BVC) financing between 1994 and 2004. We employ a {\textquotedblleft}two-step{\textquotedblright} matching procedure in order to build a control group composed of (1) comparable firms that received venture capital financing from independent investors (IVCs) and (2) comparable non-invested firms. The econometric analyses suggest that BVC investors are interested in the financial risk profile of the firms they invest in. In fact, before the first round of financing, BVC-backed firms show a lower risk of financial distress than both IVC-backed firms and non-invested firms. However, after the investment, BVC-backed firms exhibit a significant increase in debt exposure, compared to non-invested firms.

}, keywords = {Entrepreneurship}, issn = {0921-898X, 1573-0913}, doi = {10.1007/s11187-014-9582-4}, url = {http://link.springer.com/article/10.1007/s11187-014-9582-4}, author = {Croce, Annalisa and D{\textquoteright}Adda, Diego and Ughetto, Elisa} } @article {Guzzini201283, title = {Coase theorem and exchangeable rights in non-cooperative games}, journal = {European Journal of Law and Economics}, volume = {33}, number = {1}, year = {2012}, note = {cited By 0}, pages = {83-100}, keywords = {Entrepreneurship}, doi = {10.1007/s10657-010-9178-7}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-84856744597\&partnerID=40\&md5=3058ce7697f2a2230924df5a224751e7}, author = {E. Guzzini and A. Palestrini} } @article {Iacobucci2012673, title = {Entrepreneurship education in Italian universities: Trend, situation and opportunities}, journal = {Education and Training}, volume = {54}, number = {8}, year = {2012}, note = {cited By 2}, pages = {673-696}, keywords = {Entrepreneurship}, doi = {10.1108/00400911211274828}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-84869459284\&partnerID=40\&md5=fb2816e67016b6096bf177762e8f4310}, author = {A. Micozzi and D. Iacobucci} } @article {Iacobucci2011513, title = {Fostering entrepreneurship in Academic spin-offs}, journal = {International Journal of Entrepreneurship and Small Business}, volume = {12}, number = {4}, year = {2011}, note = {cited By 6}, pages = {513-533}, keywords = {Entrepreneurship}, doi = {10.1504/IJESB.2011.039689}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-79954578687\&partnerID=40\&md5=f16c053e3df2a3ad72885510bc0dac89}, author = {A. Micozzi and D. Iacobucci and S. Orsini and A. Iacopini} } @article {colombo_contribution_2009, title = {The contribution of university research to the growth of academic start-ups: an empirical analysis}, journal = {The Journal of Technology Transfer}, volume = {35}, number = {1}, year = {2010}, month = {mar}, pages = {113{\textendash}140}, abstract = {

The aim of this paper is to analyze empirically under which circumstances the universities located in a geographical area contribute to the growth of a special category of local new technology-based firms (NTBFs), those established by academic personnel (academic start-ups, ASUs). We examine the effects of a series of characteristics of local universities on the growth rates of ASUs and we compare them with the effects of the same university characteristics on the growth of other (i.e., non-academic) NTBFs. In the empirical part of the paper, we estimate an augmented Gibrat law panel data model using a longitudinal dataset composed of 487 Italian NTBFs observed from 1994 to 2003. Out of these NTBFs 48 are ASUs. The results of the econometric estimates suggest that universities do influence the growth rates of local ASUs, while the effects on the growth rates of other NTBFs are negligible. In particular, the scientific quality of the research performed by universities has a positive effect on the growth rates of ASUs; conversely the commercial orientation of research has a negative effect. These results indicate that universities producing high-quality scientific research have a beneficial impact on the growth of local high-tech start-ups, but only if these firms are able to detect, absorb, and use this knowledge. In this perspective, a greater commercial orientation of university research leading to a reduction of the knowledge available for absorption by these companies, can be detrimental.

}, keywords = {Entrepreneurship, Technology Transfer}, issn = {0892-9912, 1573-7047}, doi = {10.1007/s10961-009-9111-9}, url = {http://link.springer.com/article/10.1007/s10961-009-9111-9}, author = {Colombo, Massimo G. and D{\textquoteright}Adda, Diego and Piva, Evila} } @article {Guzzini2010103, title = {Efficient Nash equilibria, individual rights and Pareto principle: An impossibility result}, journal = {Economics Bulletin}, volume = {30}, number = {1}, year = {2010}, note = {cited By 0}, pages = {103-114}, keywords = {Entrepreneurship}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-77953557919\&partnerID=40\&md5=5690a379d2287d95615426c25fb6bea6}, author = {E. Guzzini} } @book {Iacobucci2010187, title = {Internationalization in Italian medium-sized firms: Does stage theory explain the observed patterns?}, series = {Internationalization Technological Change and the Theory of the Firm}, year = {2010}, note = {cited By 0}, pages = {187-209}, keywords = {Entrepreneurship, Technology Transfer}, doi = {10.4324/9780203846414}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-84909579759\&partnerID=40\&md5=9da495c7ac207d8e3fb7826f7691e292}, author = {D. Iacobucci and F. Spigarelli} } @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 {Guzzini20093095, title = {The empty core in the Coase theorem: A critical assessment}, journal = {Economics Bulletin}, volume = {29}, number = {4}, year = {2009}, note = {cited By 0}, pages = {3095-3103}, keywords = {Entrepreneurship}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-77953581369\&partnerID=40\&md5=c1e35456396a1b290d53298969cdfd16}, author = {E. Guzzini and A. Palestrini} } @inbook { 11566_42102, title = {Dynamic capabilities and entrepreneurial team development in SMEs}, booktitle = {Dynamic Capabilities Between Firm Organisation and Local Systems of Production}, year = {2008}, pages = {73{\textendash}90}, publisher = {Routledge}, organization = {Routledge}, address = {LONDON}, keywords = {Entrepreneurship}, author = {D. Iacobucci} } @book {Iacobucci200773, title = {Dynamic capabilities and entrepreneurial team development in SMEs}, series = {Dynamic Capabilities Between Firm Organisation and Local Systems of Production}, year = {2007}, note = {cited By 0}, pages = {73-90}, keywords = {Entrepreneurship}, doi = {10.4324/9780203937396}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-84911102243\&partnerID=40\&md5=a6978ace25b2edc522c983937d322e97}, author = {D. Iacobucci} } @article { 11566_30211, title = {I processi di internazionalizzazione delle medie imprese italiane}, journal = {L{\textquoteright}INDUSTRIA}, volume = {28}, year = {2007}, pages = {625{\textendash}652}, publisher = {Bologna : Societ{\`a} Editrice Il Mulino}, keywords = {Entrepreneurship}, author = {D. Iacobucci and F. Spigarelli} } @inbook { 11566_38789, title = {Forme giuridiche, struttura della propriet{\`a} e modelli di governance nell{\textquoteright}industria cinese e nel Guangdong}, booktitle = {Il fiume delle perle. La dimensione locale dello sviluppo industriale cinese e il confronto con l{\textquoteright}Italia}, year = {2006}, pages = {101{\textendash}128}, publisher = {Rosenberg \& Sellier}, organization = {Rosenberg \& Sellier}, address = {TORINO}, keywords = {Business Groups , Entrepreneurship}, author = {D. Iacobucci} } @book {Postigo2006218, title = {Undergraduate students as a source of potential entrepreneurs: A comparative study between Italy and Argentina}, series = {International Entrepreneurship Education: Issues and Newness}, year = {2006}, note = {cited By 4}, pages = {218-240}, keywords = {Entrepreneurship}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-79951769329\&partnerID=40\&md5=95f70b4dcb7db4aeec3982183830e9e1}, author = {D. Iacobucci and S. Postigo and M.F. Tamborini} } @article {Iacobucci200565, title = {Growth, diversification, and business group formation in entrepreneurial firms}, journal = {Small Business Economics}, volume = {25}, number = {1}, year = {2005}, note = {cited By 26}, pages = {65-82}, keywords = {Business Groups , Entrepreneurship}, doi = {10.1007/s11187-005-4258-8}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-24944579437\&partnerID=40\&md5=3ebcca6b8ba0ff78a057a13e502f2789}, author = {D. Iacobucci and P. Rosa} } @article { 11566_30207, title = {Le {\textquotedblleft}medie imprese{\textquotedblright} fra controllo familiare e network globali}, journal = {L{\textquoteright}INDUSTRIA}, volume = {26}, year = {2005}, pages = {201{\textendash}218}, publisher = {Bologna : Societ{\`a} Editrice Il Mulino}, keywords = {Entrepreneurship}, author = {G. Alzona and D. Iacobucci} } @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} } @inbook { 11566_38559, title = {Assetti proprietari e vincoli finanziari all{\textquoteright}investimento: un{\textquoteright}analisi sui dati di bilancio delle imprese manifatturiere italiane}, booktitle = {Finanza e crescita. Quali vincoli, quali rischi?}, year = {2004}, publisher = {Il Mulino}, organization = {Il Mulino}, address = {BOLOGNA}, keywords = {Entrepreneurship}, author = {G. Calcagnigni and D. Iacobucci} } @inbook { 11566_42103, title = {Strategie competitive, assetti organizzativi, strutture di governance e sistemi di controllo manageriale}, booktitle = {Sistemi di controllo e cost management tra teoria e prassi}, year = {2003}, publisher = {Giappichelli}, organization = {Giappichelli}, address = {TORINO}, keywords = {Entrepreneurship}, author = {D. Iacobucci} } @article {NoAuthor200231, title = {Explaining businees groups started by habitual entrepreneurs in the Italian manufacturing sector}, journal = {Entrepreneurship and Regional Development}, volume = {14}, number = {1}, year = {2002}, note = {cited By 27}, pages = {31-47}, keywords = {Business Groups , Entrepreneurship}, doi = {10.1080/08985620110096636}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-0036145465\&partnerID=40\&md5=18ac902d01c4b3156f25bd06a9946a58}, author = {D. Iacobucci} } @article { 11566_82738, title = {Alcuni aspetti dell{\textquoteright}economia e della finanza delle principali imprese manifatturiere marchigiane}, journal = {ECONOMIA MARCHE}, volume = {XX}, year = {2001}, pages = {35{\textendash}75}, keywords = {Entrepreneurship}, author = {D. Iacobucci} } @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} } @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} } @inbook { 11566_39403, title = {Processi di crescita e strutture organizzative delle piccole e medie imprese manifatturiere}, booktitle = {Piccole e grandi imprese nell{\textquoteright}attuale contesto competitivo}, year = {2001}, pages = {93{\textendash}117}, publisher = {GIAPPICHELLI}, organization = {GIAPPICHELLI}, address = {TORINO}, keywords = {Entrepreneurship}, author = {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_82730, title = {Razionamento del credito e dimensione di impresa}, journal = {MONETA E CREDITO}, year = {1998}, pages = {197{\textendash}214}, keywords = {Entrepreneurship}, author = {G. Calcagnini and D. Iacobucci and D. Ticchi} } @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} } @article {Calcagnini1997491, title = {Small Firm Investment and Financing Decisions: An Option Value Approach}, journal = {Small Business Economics}, volume = {9}, number = {6}, year = {1997}, note = {cited By 9}, pages = {491-502}, keywords = {Entrepreneurship}, url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-0031516455\&partnerID=40\&md5=d885539bfa35bc68a4efca9a38ca0561}, author = {D. Iacobucci and G. Calcagnini} } @article { 11566_82728, title = {Struttura finanziaria delle imprese e nuovi mercati dei capitali}, journal = {ECONOMIA MARCHE}, volume = {XV}, year = {1996}, pages = {3{\textendash}21}, keywords = {Entrepreneurship}, author = {D. Iacobucci} }