Gasperin, Simone;
(2021)
Lesson from the past 21st century systems of state-owned enterprises.
(Working Paper Series: IIPP WP
2021/08).
UCL Institute for Innovation and Public Purpose: London, UK.
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Abstract
This paper illustrates the birth of the state-holding company, Istituto per la Ricostruzione Industriale (Institute for the Industrial Reconstruction - IRI), and the industrial operations it carried out during the 1930s. It is argued that in those years IRI created a policy-oriented system of state-owned enterprises (SOEs) with ‘entrepreneurial’ characteristics: reorganising sectors and industrial productions, diversifying into new activities, investing in underdeveloped areas, and promoting technical and managerial training as well as scientific research. IRI’s historical example as an active and coordinating state-holding company (SHC) could stimulate useful lessons for the 21st century national systems of state-owned enterprises that aim to achieve industrial policy objectives in related sectors.
| Type: | Working / discussion paper |
|---|---|
| Title: | Lesson from the past 21st century systems of state-owned enterprises |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | https://www.ucl.ac.uk/bartlett/public-purpose/publ... |
| Language: | English |
| Additional information: | This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions. |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Inst for Innovation and Public Purpose |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10195989 |
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