The area is coordinated by Gianmarco Ottaviano (Professor of Economics, LSE; Honorary Professor of Economics, University of Bologna). Resident researchers working in this area are Giorgio Barba Navaretti, Giulia Felice, Emanuele Forlani, Paolo Garella, Laura Ogliari and Anna Cecilia Rosso.
LdA works extensively on the firm-level determinants of competitiveness and internationalisation pursuing several long-run lines of research. A first line of research investigates the role of non-tariff trade barriers as one of the main obstacle to firms’ internationalization: barriers such as quotas, packaging conditions or not-uniformed sanitary conditions may limit trade activity of firms and affect a wide range of firm-level outcomes. A second line of research delves into the impact of firms’ organization on firms’ performance, and asks how internal capital and labour markets operating within business groups affect firms’ resilience to positive and negative shocks. A third part of research dealt with issues of industrial policy at local level, in particular for the city of Turin, exploring the possible strategic paths the city should take for its future developments. Finally, more recent projects aim at investigating the role of dynamics of frontier and laggard firms in relation to the environment in which they operate. We focus on finance and quality of governance, looking at whether leaders and laggards make a different use of these inputs and whether this difference is strengthened for peripheral laggards.