Research

Papers Submitted / R&R 

The impact of Generative AI on Venture Capital Investments and Operations (with A. Bellucci, V. Capizzi, F. Tenca). Submitted. 

Learning by playing? Coping with hostility in ATP tennis (with M. Ruberti). Submitted.

Innovation and Credit Access for Small- and Medium- Size Enterprises  (with A. Bellucci, G. Giombini). Submitted.

Sustainability Orientation and Investor Preferences: Insights into Early-Stage Equity Funding (with G. Bifulco, F. Di Pietro). Submitted.

The Staying Power of Face-to-face in the Venture Capital Market (with A. Bellucci, A. Borisov, A. Zazzaro). Submitted. 

Published in Peer-Reviewed International Journals

[19] Environmental Sectoral Classification and ESG Signals: Evidence on the Cost of Debt from the EU Taxonomy (with S. Boccaletti and M. Ruberti), 2026, Research in International Business and Finance. 

[18] Individual performance and environment: Home Advantage in ATP tennis (with M. Ruberti), 2025, Journal of Economic Behavior & Organization 238, 107236. 

[17] ESG Performance, Institutional Factors, and the Cost of Debt (with S. Boccaletti), 2025, The Journal of Sustainable Finance & Investment, 1-29.  -  Accepted Manuscript Download  

[16] Public Grants beneficiaries and Venture Capital-backed firms: A tale of two funding strategies (with A. Bellucci and D. Nepelski),  2025, The Journal of Technology Transfer, 1-44.

[15] Common Factors behind Corporates' Environmental Ratings (with E. Ossola, L. Parisio, and M. Pelagatti), 2025, International Review of Financial Analysis, https://doi.org/10.1016/j.irfa.2025.103961. Media Coverage: UPO Science Slam 2025

[14] Living in the ‘doughnut’: reconsidering the boundaries via composite indicators (with T. Luzzati), 2024, Ecological Indicators. https://doi.org/10.1016/j.ecolind.2024.112864. Media Coverage: Radio24 (Sole24Ore) - Si può fare

[13] Do venture capital investments contribute to the achievement of the sustainable development goals?, 2024, Business Strategy and the Environment. https://doi.org/10.1002/bse.3942.  Media Coverage: Forum per la Finanza Sostenibile - Investi Responsabilmente. 

[12] A Turning Point for Banking: Unravelling the Changing Landscape of Banking Activity in Europe since the COVID-19 pandemic (with A. Bellucci), 2024, Journal of Financial Management, Markets and Institutions. https://doi.org/10.1142/S2282717X24500026.

[11] Gender Gap in Business Angel Financing (with A. Bellucci, R. Locatelli, and C. Schiena), 2024, Entrepreneurship Research Journal. https://doi.org/10.1515/erj-2023-0246. Media Coverage: inGenere

[10] Equity Investments and Environmental Pressure: The Role of Venture Capital. (with T. Cappellari), Sustainability, 16(1), 241, 2024. Media Coverage: BNews.

[9] Venture Capital Financing and Green Patenting (with A. Bellucci, S. Fatica, A. Georgakaki, S. Letout and F. Pasimeni). Industry and Innovation, 2023. Media Coverage: BNews.

[8] The Reallocation Effects of COVID-19: Evidence from Venture Capital Investments around the World, (with A. Bellucci, A. Borisov, and A. Zazzaro), Journal of Banking and Finance,  2023. Media Coverage: CEPR Covid Economics. 

[7] Team performance and audience: experimental evidence from the football sector (with M. Ferraresi), German Economic Review. 2022. Media Coverage: LaVoce.info.

[6] Measuring the relative development and integration of EU countries’ Capital Markets using composite indicators and cluster analysis, Review of World Economics.  2022.

[5] Political alignment, centralisation, and the sense of government unpreparedness during the COVID-19 pandemic (with M. Ferraresi), The European Journal of Political Economy, 2021. Media Coverage: VoxEU; LaVoce.info; Temi di Economia Pubblica SIEP; CEPR Covid Economics.   

[4] Who chokes on a penalty kick? Social environment and individual performance during Covid-19 times (with M. Ferraresi), Economics Letters,  109868, 2021.

[3] Savings from public procurement centralization in the health care system (with M. Ferraresi and L. Rizzo), The European Journal of Political Economy. 2020.  Media Coverage: LaVoce.info. 

[2] A multiscale reassessment of the Environmental Kuznets Curve for energy and CO2 emissions (with T. Luzzati and M. Orsini), Energy policy, 122, 612-621, 2018.

[1] A non-simplistic approach to composite indicators and rankings: an illustration by comparing the sustainability of the EU Countries (with T. Luzzati). Ecological Economics, 113, 25-38, 2015. 

Published in Peer-Reviewed National Journals

[4] Il ruolo delle performance ESG nella valutazione della rischiosità aziendale: un’analisi sul costo del debito a livello globale (with S. Boccaletti), Bancaria, 2025.

[3] Tecnofinanza e Finanza Alternativa: Idee per una nuova definizione di "FinTech” (with A. Bellucci), Rivista Bancaria. Minerva Bancaria, 5-6. 2022. 

[2] Public Grants and Venture Capital investments as complementary sources for SME financing (with A. Bellucci and D. Nepelski), Argomenti, (20). 2021.

[1] Il finanziamento Venture Capital: implicazioni della definizione di Piccola e Media Impresa (with A. Bellucci), Argomenti, (19), 2021.  

Working Papers 

[1] The Staying Power of Face-to-face in the Global Venture Capital Market (with A. Bellucci, A. Borisov, A. Zazzaro).  Money and Finance Research group (Mo. Fi. R.)-Univ. Politecnica Marche-Dept. Economic and Social Sciences (No. 185). 2024. 

Policy Reports

[5] The determinants of Public Grants and Venture Capital financing: Evidence from Europe (with A. Bellucci and D. Nepelski), Publications Office of the European Union, 2023, doi:10.2760/920754. 

[4] Technological and innovation challenges for industry: Science for policy insights (with A. Bellucci, D. Nepelski and others). EUR 30641 EN, Publications Office of the European Union, Luxembourg, 2021, ISBN 978-92-76-32261-0 (online), doi:10.2760/271868 (online), JRC123980. 

[3] Centralisation, voter perception, and the sense of government unpreparedness during the COVID-19 pandemic in Italy (with M. Ferraresi). Covid Economics, 60, 110-141, 2020. Highlighted by CEPR.

[2] The Reallocation Effects of COVID-19: Evidence from Venture Capital Investments around the World (with A. Bellucci, A. Borisov, and A. Zazzaro). Covid Economics, 55, 122-156, 2020. 

[1] Monitoring the development and integration of EU countries’ capital markets, EUR 29891 EN, Publications Office of the European Union, Luxembourg, 2019, ISBN 978-92-76-12268-5 (online), doi:10.2760/92215 (online), JRC118408.  

(Contributions in) Books

[3] Finanza alternativa e finanziamenti pubblici europei: risorse complementari per le PMI? (with A. Bellucci) in: (a cura di) R. Locatelli and C. Schena. Il Nuovo Ecosistema Finanziario per le PMI. Le opportunità della digitalizzazione e dello sviluppo sostenibile. Franco Angeli Editore, 2022.

[2] Venture Capital in Europe. Evidence-based insights about Venture Capitalists and venture capital-backed firms (with A. Bellucci and D. Nepelski), EUR 30480 EN, Publications Office of the European Union, Luxembourg, 2021, ISBN 978-92-76-26939-7, doi:10.2760/076298, JRC122885. 

[1] La sostenibilità delle regioni italiane: la classifica Leonardo-IRTA (with T. Luzzati). Felici Editore, Pisa, 2013.