Startup is the buzzword of the decade and, as someone once said, "nerds are the new rockstars". The idea of launching a startup and becoming the next Zuckerberg or Bezos seemingly fascinates young people all over the world, and Italy is no exception.

But, in Italy, the creativity and enthusiasm of many young entrepreneurs has often been dampened by the inherent limitations of the local environment: lack of investment (venture capital in Italy amounts only to 0.004 percent of GDP, compared to the European average of 0.02 percent), bureaucracy, and difficulties in finding an exit for the startup, either through acquisition or an IPO.

Read more

Source: http://www.zdnet.com