PII

1
Industry 2015
2
SCENARIO

• The very high growth of the big emergent
  economies
• The development and diffusion of new information
  technologies

3
Government strategy to increase the
competitiveness of the industrial system
INDUSTRY 2015

• Structural reforms
• A new implementation of the Industrial Policy

4
Industry 2015 Structural reforms

• Liberalisations
• An energy policy in line with the European
  strategy

5
A new Industrial Policy for Italy
OBJECTIVES

• to take advantage of the opportunities arising
  from the growth of private demand of highly
  innovative goods
• to improve the capacity of the productive system
  to effectively fit the new needs characterising
  an advanced society
• to improve the competitiveness of traditional
  sectors by developing new synergies between
  technology producers and consumer goods
  producers.

6
A new Industrial Policy for Italy
ACTIONS

• General support mechanisms, including automatic
  mechanisms (tax credit and tax wedge).
• Incentives tailored to individual strategic
  objectives (Industrial Innovation Projects).

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New Instruments for the Industrial Policy

• Competitiveness Fund the Industrial innovation
  projects
• Fund for corporate finance

8
Industrial Innovation Projects Purposes

• to pursue specific Technological-Productive
  Objectives (TPO)
• to create new industrial sectors based on
  innovative technologies
• to encourage the creation of partnerships between
  private enterprises, financial capitals,
  Universities and research centres at national and
  international level.

9
Industrial Innovation Projects Strategic areas

• Energy efficiency
• Sustainable mobility
• Life sciences and Biotechnology
• New technologies for SMEs development
• Innovative technologies for the enhancement of
  cultural heritage

10
The development of the Industrial Innovation
Projects
TOP-DOWN Approach
The Government identifies the guide-lines for a
new productive specialisation of the Country
BOTTOM-UP Approach
The market is in charge of the planning capacity
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Competitiveness Fund
The Competitiveness Fund will grant facilities
to businesses in a flexible manner, deciding,
from time to time, which facility should be
employed on the basis of what is considered most
helpful for the Project and for the objectives to
fulfil. The budgetary law has provided a
3-year budget of 1.1 billion euro for the
Competitiveness Fund.
12
Fund for corporate finance
To facilitate the firms access to credit and
finance and to the financial market and to
rationalize the operation of guarantee public
funds and venture capital funds, the corporate
finance Fund will be set up. As for the fund
allocation, the budgetary law provides an amount
of 300 million euro for 3 years.