Abstract
The paper seeks to highlight the key features of the new technology-based firms (NTBFs) founded in Italy after the burst of the Internet bubble and compare them with those of the NTBFs founded in earlier years. First, data on the population of Italian NTBFs founded since 1984 is used to illustrate the evolution of Italian high-tech industries in terms of the industrial and geographical distribution of both new and closed firms. Second, data from the RITA database is used to analyze the characteristics of Italian NTBFs founded between 2002 and 2007 and compared with data relating to the NTBFs established in the 1996-2001 period. The two analyses enable the author to identify some implications for technology policy geared to Italian NTBFs.
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