2024
DOI: 10.1108/jes-02-2024-0094
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Innovative SMEs in Italy. Explaining profitability patterns in inner areas

Francesco Aiello,
Lucia Errico,
Sandro Rondinella

Abstract: PurposeThis paper investigates whether and to what extent operating in inner areas affects the profitability of innovative Italian small and medium-sized enterprises (SMEs) over 2012–2018.Design/methodology/approachGuided by the National Strategy for Inner Areas and the “Investment Compact,” this study distinguishes between inner and core innovative SMEs. It employs various econometric models to estimate a regression for the return on assets of SMEs, differentiating between firms operating in inner and non-inn… Show more

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