Some are doing so now. But too few have been willing to take the plunge; at times, instead, the illusory solution of public support is advocated. This year’s Report contains a special section on innovation in Italy.
The ability to renew products and processes, to export to emerging markets and to internationalize, including by heading or joining global production chains, divides the firms that are continuing to expand sales revenue and value added from those that, instead, are struggling to remain on the  BIS central bankers’ speeches  5  market.