Fabio Pammolli

Fabio Pammolli

  • Full Professor, Economics and Management Politecnico di Milano

In his research, Pammolli combines different methodologies to cover a variety of topics in economics of innovation, management analytics, the economics of health and pensions, and the analysis of growth, diversification, and instability of multiproduct firms (h-index Google Scholar = 34). He is a leading expert in the economic analysis of science and technology policy, as well of biotechnology and pharmaceutical industries. Is a coauthor of a book, on growth and instability of industrial firms (‘The Growth of Business Firms’, forthcoming with Cambridge University Press).
Pammolli served (2004-2012) as the founding director and president of the executive council (board of directors) of the newly founded IMT Institute for Advanced Studies (www.imtlucca.it), a public Italian graduate school. He managed the startup and establishment of the Institute as one of the five Italian Schools for Advanced Studies, designing the scientific mission of the Institute sand its financial architecture and sustainability. As the founding director of the Institute, he has presided over and directed its establishment as an international research university, which integrates education and research in the multidisciplinary analysis of a variety of socio-economic, engineering, and technological systems.
He served coordinating and presiding all the hiring committees for senior and junior faculty members, at the international level, across all the disciplinary fields covered by the Institute, from political economy to comparative law, applied economics, management science, control, statistical physics, computer science, and humanities. IMT was ranked as the first Italian university in terms of research output and productivity in the two national research assessment exercises performed by the National Agency established by the Italian Ministry of Research and Education for the years 2008-2010 (economics) and 2011-14 (overall performance).
From 2012 to 2016, Pammolli served as the scientific coordinator of Crisis Lab@IMT (www.crisislab.it) a multi year research project funded by the Italian Ministry of Education (Progetti di Rilevanza Nazionale, total funding 6M €) where IMT, in collaboration with the National Council of Research, has created a unique computational infrastructure and data repository to analyze the structure and evolution of a variety of economic systems in finance, energy, urban transport systems, industries and firms, scientific and technological systems, pension and health systems, with a focus on systemic risk, on crisis prediction and management, and on science and technology policy.
In 2013-2014, Pammolli visited four leading Universities in Europe and in the US. First, he was a visiting research fellow at OFCE (Observatoire Français des Conjonctures Economiques), Sciences Po, Paris, France: main focus on long term projections and policy evaluation in health and pensions as well as on research and evaluation of public policies at large. He was then a visiting research fellow, STICERD, The London School of Economics, London, UK: main focus on the relationship between specialization, diversification, growth, and instability of economic entities (firms, portfolios, regions, and countries), as well as on the economics of science and technology. In the US, he was a visiting scholar at the Department of Economics, Harvard University, Cambridge Ma. US: main focus: business firms growth and economics of innovation. He was a visiting research fellow at the Laboratory for Information and Decision Systems (LIDS), Massachusetts Institute of Technology, Cambridge Ma. US: main focus: analytical methods for analysis and control of complex sociotechnical systems. Over time, Pammolli has authored several reports on Science and Technology Policy in the EU, for DG Enterprise (DG Growth). In his collaboration with Woody Powell at Stanford University, he has developed a set of original techniques to analyze the specialization profiles of public and private research centers in the Life Sciences (see also F. Pammolli, 2002, “A Comparison of U.S. and European University-Industry Relations in the Life Sciences”, with J. Owen-Smith, W.W. Powell, M.Riccaboni, Management Science, 48(1), 24-43).
In 2013, his paper “Is Europe Evolving Toward An Integrated Research Area” in Science (http://www.sciencemag.org/content/339/6120/650.summary) has stimulated policy debate on the extent to which Europe can be considered an integrated research system, as well as on the programs that can be implemented to foster the competitiveness of European science and technology.
From November 2001 until November 2004, Pammolli served as full professor of economics and management, University of Florence, Italy, holding the chair of economics and management.
From November 1990 to November 2001, Pammolli was assistant professor (1990-1996) and then associate professor (1996-2004) of Economics and Management, University of Siena, Italy. In Siena he set up the Industrial Liaison Office of the University, defining its architecture and the project evaluation procedures (IP policy, licensing contracts, attraction and evaluation of industrial partners and collaborative projects with industry). Main fields of activity: health and medicine, life sciences and biotechnology, collaborations with SMEs. From 2001 to 2003 he served as the President of Toscana Life Sciences Science Park Organizing Committee, conceiving and designing the structure of the BioPark, completing its business plan, identifying core infrastructures and technological platforms, and selecting the first cohort of candidate projects.


  • 09/2019

    Methods to account for citation inflation in research evaluation

    Quantitative research evaluation requires measures that are transparent, relatively simple, and free of disciplinary and temporal bias. We document and provide a solution to a hitherto unaddressed temporal bias – citation inflation – which arises from the basic fact that scientific publication is steadily growing at roughly 4% per year. Moreover, because the total production […]

  • 08/2019

    Communities and regularities in the behaviour of investment fund managers

    We analyze a large microlevel dataset on the full daily portfolio holdings and exposures of 22 complex investment funds to shed light on the behavior of professional investment fund managers. We introduce a set of quantitative attributes that capture essential distinctive features of manager allocation strategies and behaviors. These characteristics include turnover, attitude toward hedging, […]

  • 06/2019

    Better to stay apart: asset commonality, bipartite network centrality, and investment strategies

    By exploiting a bipartite network representation of the relationships between mutual funds and portfolio holdings, we propose an indicator that we derive from the analysis of the network, labelled the Average Commonality Coefficient (ACC), which measures how frequently the assets in the fund portfolio are present in the portfolios of the other funds of the […]

  • 05/2019 - Journal of Informetrics

    Long-term correlations in short, non-stationary time series: An application to international R&D collaborations

    Within the perimeter of patent collaboration networks, the average distance of collaborations and the number of countries involved per each collaboration have been shown to have increased steadily in time. Less attention, though, has been devoted to assessing whether this growth of cross-country collaborations is stable in time. To address this scientific question we focus […]

  • 06/2018 - Journal of Informetrics

    The memory of science: Inflation, myopia, and the knowledge network

    Scientific production is steadily growing, exhibiting 4% annual growth in publications and 1.8% annual growth in the number of references per publication, together producing a 12-year doubling period in the total supply of references, i.e. links in the science citation network. This growth has far-reaching implications for how academic knowledge is connected, accessed and evaluated. […]