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The digital switch-over in four countries : an overview
No full textMany countries are converting their terrestrial television services from analog to digital transmission. Several different policy approaches have been adopted with different apparent results. Conversion to digital transmissions will considerably improve efficient use of the radiofrequency spectrum by releasing much of the spectrum tied up in analog transmission for other highly valuable uses.
In this paper we examine the digital TV conversion policies and progress in the UK, USA, Australia and Italy, which have adopted different processes to achieve the switch-off. Each of the four countries decided to mandate the digital conversion late in the last decade adopting policies with similar planned periods of transition and similar targets to complete the process. We look at the policies of each and the progress achieved to date to see what features appear to be enhancing or slowing down the achievement of the switch-over target
Studiare le performance dei manager attraverso l’analisi dei thinking style. Un approccio comparativo internazionale
No full textVenture capital in Italy : financing innovation (from Olivetti Group to nowadays)
No full textThe aim of this thesis is to analyze the development of venture capital in Italy from ‘80s to nowadays from both historical and financial points of view.
The birth and the evolution of this important financial instrument in our country have been hindered and then slowed down by historical conditionings, economic interests, tax policies, social, cultural and political visions.
This work can be divided into three parts; in the first, some classical definitions of venture capital are introduced and studied. This chapter focuses on models evidencing the factors which facilitate or obstruct this new way of funding innovation.
The second chapter is focused on the applications of venture capital techniques in United States of America and Europe (in particular United Kingdom and Italy); a comparative analysis among the results in these countries is made.
The third part concerns two case studies: the first one is about Corporate venture capital program managed by Olivetti Group, the European leader in the information technology industry in the 80’s; the second analyses the late ‘90’s and it shows the activity of Kiwi Funds, two venture capital investment companies focused on the following sectors: telecommunications, internet and new technologies. The reading key is E. Piol who has managed venture capital activities since 1980 on behalf of Olivetti and continues to be active
in venture capital as Chairman of Pino Venture Partners S.r.l and Pino Partecipazioni S.p.A., advisor to the Kiwi funds.
This work ends with a glossary containing terms aimed at the finance industry and the
telecommunication sector. This glossary is by no means comprehensive, but it attempts to explain basic business terminology, especially relied to venture capital and private equity markets
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