The role and strategies of small and micro firms in Italy
- M. Calabr and P. Carnazza (2004). Review of Economic Conditions in Italy, 465-492
- Abstract: First, the article examines the major role of small and micro firms in Italy in traditional industries in particular and their contribution to employment and exports. A number of characteristics of family capitalism in Italy are analyzed. The second part of the work looks at the main strategies that small firms have employed in the last three decades to strengthen their competitive position, chiefly through forms of aggregation such as the creation of industrial districts, membership in industrial groups and cooperation agreements. The conclusion offers some possible strategies that could be adopted by firms and government to respond to the Chinese challenge and to intensifying international competition in general.
- Theme: Growth and performance
- Keywords: industrial performance, microenterprise, Eastern Hemisphere, Eurasia, Europe, Italy, Southern Europe, World
- Reference type: Journal Article
- Geographic location: Italy, Europe, Global North