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Full Professor
Department of Management and Technology

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Courses a.y. 2016/2017


Biographical note

Degree in Economics from Università Bocconi.  PhD in Economics from Yale University.

Academic CV

Full Professor of  Applied Economics. President of ICRIOS, Bocconi University. Editor of the Journal Industrial and Corporate Change. Advisory editor of Research Policy. Associate editor of the Journal of Evolutionary Economics.  He has been President of EARIE (European Association of Research in Industrial Economics) and of the International Schumpeter Society. He has been in the Advisory Board of Max Planck Institute of Economics-Jena; SPRU- Sussex University;  CRIC- Manchester University;  EU High-Level Panels for “New Innovation Indicators for Europe” and  for  “A New European Innovation Policy”. He has been a visiting scholar at the Department of Economics, CEPR and SIEPR, Stanford University; Max Plank Institute-Jena; University of Queensland; University of Stellenbosch and Louis Pasteur University- Strasbourg.

Research areas

Innovation and technological change. Industrial dynamics and sectoral evolution. Entrepreneurship. Industrial organization.  Economic development and catch-up. Industrial, scientific and technological policies. Industrial dynamics.


Selected publications

  • Toward a theory of catch-up cycles: Windows of opportunity in the evolution of sectoral systems (with K.Lee)  forthcoming Research Policy
  • Innovation and Industry Evolution: History-friendly Models  (with R. Nelson, L. Orsenigo, S. Winter)  Cambridge University Press,  2016
  • User-industry spinouts: donwnstream user knowledge as a source of new firm entry and survival Organization Science (with P.Adams and R.Fontana),  2016
  • The legacy of Steven Klepper: industry evolution, entrepreneurship and geography (with R.Agarwal, G.Buenstorf, W.Cohen) Industrial and Corporate Change, 2015
  • The evolution of the pharmaceutical industry (with L.Orsenigo) Business History,  2015
  • Dynamics of Knowledge Intensive Entrepreneurship. Business strategy and public policy (ed.with Y. Caloghirou, M. McKelvey, S. Radosevic)  Routledge, 2015
  • The magnitude of innovation by users in a sectoral system: the case of semiconductors (with P.Adams and R.Fontana)  Research Policy  2013
  • Are switching costs always effective in creating first mover advantages? (with G. Capone and L.Orsenigo)  Long Range Planning 2013
  • Economic Development as a learning process. Variations across sectoral systems (ed. with R. Nelson)  Elgar, 2012
  • Learning and catching up in different sectoral systems: evidence from six industries (with R.Nelson)  Industrial and Corporate Change    2011
  • Knowledge Intensive Entrepreneurship and Innovation Systems: Evidence from Europe” (ed.) Routledge  Abington UK   2010
  • Demand, Innovation and Industrial Dynamics (with S. Klepper) Industrial and Corporate Change 2010
  • Sectoral systems of innovation and production in developing countries” (ed. with S.Mani) Edward Elgar  2009
  • “Public policies and changing boundaries of firms in a “history-friendly” model of the coevolution of the computer and semiconductor industry” (with R.Nelson, L.Orsenigo and S.Winter)  Journal of Economic Behaviour and Organization   2008
  • “Schumpeterian Patterns of Innovative Activity in the ICT Field" (with N.Corrocher and F. Montobbio) Research Policy  2007
  • “Innovation and the dynamics and evolution of industries: progress and challenges”  International Journal of Industrial Organization   2007
  • Perspectives on innovation” (ed. with S.Brusoni) Cambridge University Press 2007