Final Report on the Transition 4.0 Plan: An Assessment of Investment, Employment and Productivity Effects

14 May 2026

The final Transition 4.0 Plan: An Assessment of Investment, Employment and Productivity Effects report is now being published.

The report was prepared by a Scientific Committee composed of experts from the Ministry of Economy and Finance (MEF), the Ministry of Enterprises and Made in Italy (MIMIT), and Banca d'Italia, implementing the Council of the European Union's executive decision approving Italy's National Recovery and Resilience Plan (NRRP), which required an evaluation of the Transition 4.0 Plan.

The Plan, introduced by the 2020 Budget Law to support firms' digital transformation, provided for the granting of tax credits for investments in technologically advanced tangible and intangible capital goods, research and development activities, technological innovation and design conception, and employee training.

The final evaluation report covers the period 2020–2023 and focuses in particular on tax credits for investments in Industry 4.0 tangible capital goods, which are the predominant component of the measure.