The Institute of Economics carries out research and training activities in the field of empirical and theoretical economics with a special focus on the economics of innovation and technical change.
The main lines of research include:
- The economics of innovation studying how innovations are generated and their impact at the micro, meso and macro levels
- The empirics and theory of industrial dynamics, with emphasis on the relation between firm financial profiles and industrial performance
- Micro and macro agent-based models, with particular attention to the patterns of economic change driven by the introduction and diffusion of new technologies
- Empirical network analysis of micro and macroeconomic networks, especially finance, trade, foreign direct investment, migration and mobility
- The connection between intellectual property rights and inventive and creative activities
Other research areas include:
- Individual, organizational and collective decisions beyond the rational choice paradigm
- Evolutionary foundations of macro-economics
- Evolutionary finance
- Economic history with a special focus on long run growth and major economic discontinuities
- Industrial and technological policies in industrialized and developing countries
- Applied statistics and econometrics
- Political, social and economic consequences of climate change
Our Institute welcomes and favours dialogue between empirical investigations, theoretical developments and normative contributions - concerning both corporate management and public policies - offering an interdisciplinary environment in which different research interests and competencies, ranging from Economics and Economic History, to Statistics, Physics, Information Sciences and Management meet and can be fruitfully integrated.
Despite its small size, the Institute has achieved important results in terms of research output, which place it in second place in the ranking of Economics Departments of Italian universities according to the latest report published by the Italian Agency for Research Evaluation (ANVUR), and in the top 5% among European economic institutions (cf. The RePEc rankings).
Our researchers are active and broadly connected members of international research and policy networks, through participation in various national and international projects as well as policy initiatives.
In 2018 the Institute was also awarded the prestigious grant of “Department of Excellence” in the area of Economics by the Italian Ministry of University and Scientific Research. The overarching goal of this department – EmbeDS Economics and Management in the era of Data Science – is to bring Economics and Management in the era of Data Science, leveraging data and tools to bridge the gaps that still exist between complex models, their empirical validation, and their use in policy.
Historically, most of the research activities have been undertaken within the LEM - Laboratory of Economics and Management. Now all research and training activities have been taken over by the Institute, but LEM still keeps its brand name on a prestigious Working Paper Series.
“Value creation and distribution in the digital era” is the theme at the core of the GROWINPRO’s first annual conference, to be held online on January 27/28, 2021. The conference is jointly organised by OECD’s Committee on Industry, Innovation and Entrepreneurship (CIIE), its Working Party on Industry Analysis (WPIA) and, the EU-sponsored “Growth, Welfare, Innovation and Productivity” (GROWINPRO) project coordinated by the Sant'Anna Institute of Economics
Producing new knowledge is an increasingly complex endeavor. How do scientists decide on what topics to focus their work? A team of researchers affiliated with the Sant’Anna School (the Scuola Superiore Sant’Anna), the Scuola Normale Superiore, the University of Bologna and the Pennsylvania State University addressed this question analyzing data on over three decades of publications (from 1977 to 2009) by a very large sample of physicists. Their results published in the journal Scientific Reports
A study published on the journal Nature Climate Change highlights how climate-related damages impact on the stability of the global banking system. The paper has been co-authored by an international team of researchers from the CMCC Foundation, RFF-CMCC European Institute on Economics and the Environment (EIEE), Sant’Anna School, Bocconi University and Politecnico di Milano (Italy)
Value creation and distribution in the digital era
The first GROWINPRO annual conference, jointly organised with the OECD, will be held online on January 27/28, 2021
Seminar: Quantum horse races and the Kelly rule
Salvatore Tirone - Scuola Superiore Normale