Editing Economy of Italy (section)

=== Secondary ===
[[File:The Eni building, Quartiere XXXII Europa, Roma, Lazio, Italy - panoramio.jpg|thumb|[[Eni]] is considered one of the world's oil and gas "[[Supermajors]]"<ref>{{Cite web|url=https://www.globalwitness.org/en/campaigns/oil-gas-and-mining/spotlight-sharpens/|title=The spotlight sharpens: Eni and corruption in Republic of Congo's oil sector|website=Global Witness}}</ref>]]
[[File:Arduino UNO unpacked.jpg|alt=|thumb|[[Arduino Uno]], a [[Single-board microcontroller|MCU board]] made in Italy has gained popularity worldwide<ref>{{Cite news |last=Armenta |first=Antonio |date=September 8, 2022 |title=Introduction to Arduino: History, Hardware, and Software |url=https://control.com/technical-articles/introduction-to-arduino-history-hardware-and-software/ |work=control.com}}</ref>]]
Italy is the world's sixth-largest [[manufacturing]] country.<ref name="databank"/> Italy has a smaller number of global multinational corporations than other economies of comparable size, but it has a large number of [[small and medium-sized enterprises]], many of them grouped in clusters, which are the backbone of the Italian industry.<ref name="Mignone2008">{{cite book|last=Mignone|first=Mario B.|title=Italy today: Facing the Challenges of the New Millennium|year=2008|url=https://books.google.com/books?id=Tv2R8FfFpREC&pg=PA161|publisher=[[Peter Lang (publisher)|Lang Publishing]]|location=New York City|isbn=978-1-4331-0187-8|pages=161–162}}</ref> This results in a manufacturing sector often focused on the export of [[niche market]] and luxury products, that is less capable of competing on quantity but is more capable of facing the competition of emerging economies based on lower labour costs, given the higher quality of its products.<ref>{{cite news|url=http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/ECAEXT/0,,contentMDK:21808326~menuPK:258604~pagePK:2865106~piPK:2865128~theSitePK:258599,00.html|title=Knowledge Economy Forum 2008: Innovative Small And Medium Enterprises Are Key To Europe & Central Asian Growth|publisher=[[World Bank]]|date=19 May 2005|access-date=17 June 2008|archive-date=23 June 2008|archive-url=https://web.archive.org/web/20080623065619/http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/ECAEXT/0,,contentMDK:21808326~menuPK:258604~pagePK:2865106~piPK:2865128~theSitePK:258599,00.html|url-status=dead}}</ref>

The [[industrial district]]s are regionalized: in the Northwest, there is a large modern group of industries, as in the so-called "industrial triangle" (Milan-Turin-Genoa), where there is an area of intense [[Machine industry|machinery]], [[Automotive industry|automotive]], [[Aerospace manufacturer|aerospace]] production and shipbuilding; in the Northeast, an area that experienced social and economic development mostly around family-based firms, there are mostly small and medium enterprises of lower technology but high craftsmanship, specializing in machinery, clothing, leather products, footwear, furniture, textiles, machine tools, spare parts, home appliances, and jewellery. In central Italy, there are mostly small and medium-sized companies specializing in products such as textiles, leather, jewellery but also machinery.<ref name="Mignone2008"/><ref>{{cite book|last=Friedman|first=Jonathan|title=Globalization, the State, and Violence|year=2003|url=https://books.google.com/books?id=QiZjFOsc2TMC&pg=PA97|publisher=[[Rowman & Littlefield]]|location=[[Lanham, Maryland|Lanham]]|isbn=978-0-7591-0280-4|page=97}}</ref> According to a study carried out in 2015 by the Edison Foundation and [[General Confederation of Italian Industry|Confindustria]] on the most industrialized provinces in [[European Union|Europe]], of the five most industrialized provinces in Europe, three are Italian provinces. [[Brescia]] turns out to be the first European province for value added by industry, with an added value over 10 billion [[Euro|euros]].<ref>{{Cite web |title=BRESCIA, THE CAPITAL OF EUROPEAN INDUSTRY |url=https://www.fierabie.com/brescia-the-capital-of-the-european-industry/ |access-date=18 August 2023 |archive-date=18 August 2023 |archive-url=https://web.archive.org/web/20230818163642/https://www.fierabie.com/brescia-the-capital-of-the-european-industry/ |url-status=live }}</ref>

The [[automotive industry in Italy]] is a significant part of the manufacturing sector, with over 144,000 firms and almost 485,000 employed people in 2015,<ref>{{cite web |url=http://www.adnkronos.com/soldi/economia/2015/09/23/auto-settore-mila-imprese-italia-mld-fatturato_WooBmrBqxgxO7mOvIRXUBI.html |title=Auto: settore da 144mila imprese in Italia e 117 mld fatturato |access-date=23 September 2015 |work=adnkronos.com|url-status=live |archive-url=https://web.archive.org/web/20150925121926/http://www.adnkronos.com/soldi/economia/2015/09/23/auto-settore-mila-imprese-italia-mld-fatturato_WooBmrBqxgxO7mOvIRXUBI.html |archive-date=25 September 2015}}</ref> and a contribution of 8.5% to Italian [[GDP]].<ref name="acea.thisconnect.com">{{cite web |url=http://acea.thisconnect.com/index.php/country_profiles/detail/italy |title=Country Profiles – Italy |access-date=9 February 2008 |work=acea.thisconnect.com |archive-url=https://web.archive.org/web/20080211190839/http://acea.thisconnect.com/index.php/country_profiles/detail/italy |archive-date=11 February 2008|url-status=dead}}</ref> Italy's [[automotive industry]] is best known for its automobile designs and small city cars, sports and supercars. Italy is one of the [[List of countries by motor vehicle production|significant automobile producers]] both in [[Europe]] and around the world. Today the Italian automotive industry is almost totally dominated by [[Fiat S.p.A.|Fiat Group]] (now included in [[Stellantis]] corporation). As well as its own, predominantly mass market model range, Stellantis owns the mainstream [[Fiat]] brand, the upmarket [[Alfa Romeo]] and [[Lancia]] brands, and the exotic [[Maserati]] brand. Luxury cars such as [[Ferrari]], [[Lamborghini]], Maserati and [[Ducati]] motorcycles are also made in the Northeast region of Emilia-Romagna. Italian cars have won the annual [[European Car of the Year]] award several times (with Fiat winning more than any other manufacturer), and have also been awarded the [[World Car of the Year]] award.