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The local dimension to SME and entrepreneurship policy in Italy -- National programmes for SMEs and entrepreneurship in italy -- SME and entrepreneurship issues and policies in Italy: Assessment and recommendations -- Executive summary -- The strategic framework and policy delivery system in Italy -- Business environment and framework conditions in Italy -- Local industrial clusters in Italy -- SME and entrepreneurship performance in Italy -- Basic statistics of Italy -- Abbreviations -- Foreword.
This review underlines some important points of strength with respect to Italian SMEs and entrepreneurship, notably for medium-sized firms that very often excel in their market niches, have a strong propensity to business collaboration, as well as favourable access to finance. The review also looks at the challenges that lie ahead for Italy, hard hit by the global economic crisis, notably among micro and small firms. Recovery will mean, among other things, removing barriers to business growth, streamlining the complexity of the Italian tax system, and opening the business environment to competition, foreign direct investment and equity financing, as well as improving training and workforce skills.