The essay is devoted to analyze the key threat to SMEs’ innovation capacity represented by counterfeiting, which is a substantial share of the illegal and criminal part of the so called informal economy. After a review of the so called “spirit of entrepreneurship” and its concrete expression, i.e. the SME based productive sector, the risks deriving to the economy (and to society in large) from counterfeiting activities are considered and it is shown how counterfeiting can severely undermine SMEs’ innovation processes.
Marseguerra, G., SMEs, Innovation and the fight against counterfeiting trade, in Giovanni Marseguerr, G. M., Anna Maria Tarantol, A. M. T. (ed.), Inclusive growth and financial reforms: Global emergencies and the search of the common good, Libreria Editrice Vaticana, Città del Vaticano 2017: 101- 108 [http://hdl.handle.net/10807/108465]
SMEs, Innovation and the fight against counterfeiting trade
Marseguerra, Giovanni
2017
Abstract
The essay is devoted to analyze the key threat to SMEs’ innovation capacity represented by counterfeiting, which is a substantial share of the illegal and criminal part of the so called informal economy. After a review of the so called “spirit of entrepreneurship” and its concrete expression, i.e. the SME based productive sector, the risks deriving to the economy (and to society in large) from counterfeiting activities are considered and it is shown how counterfeiting can severely undermine SMEs’ innovation processes.
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