Bankitalia report on ‘The economy in Calabria’: “Half of the thousand business founders start companies outside the region”

Bankitalia report on ‘The economy in Calabria’: “Half of the thousand business founders start companies outside the region”
Bankitalia report on ‘The economy in Calabria’: “Half of the thousand business founders start companies outside the region”

In Calabria, in addition to the intense migratory flows of outgoing human capital with particular reference to graduates between 25 and 39 years old, the lack of an ecosystem favorable to the growth and development of private entrepreneurial initiative has a negative impact. And the proof is the fact that over half of the thousand founding partners of high-growth companies born in the tip of the country have started a company elsewhere compared to the limited number of partners born outside the region who have founded a company in the same area. genre in Calabria.

This is what is indicated by the annual report on ‘The economy in Calabria’ produced by the branch of the Bank of Italy and presented today in Catanzaro. “Between 2014 and 2019, there were around 400 high-growth businesses in Calabria – it is written in the report – equal to 2.0 per 100 thousand inhabitants, a value significantly lower than the Italian average and that of the South, respectively 3, 7 and 3.2. Their incidence among new businesses was also lower than in the macro-area and the country. The distribution on the regional territory showed a higher presence per inhabitant in the provinces of Catanzaro and Vibo Valentia”.

READ ALSO >>> Bank of Italy report: growth of the Calabrian economy will slow in 2023

“Furthermore, unlike the rest of the country – the Bank of Italy report reports – the high-growth companies in the region are more concentrated in trade, construction, transport and warehousing services and in accommodation and catering services and are instead less present in manufacturing, ICT and professional services”.

 
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