Istituto Italiano di Tecnologia (IIT) is a Foundation governed by Articles 14 et seq of the Italian Civil Code, established by Legislative Decree 269/03, converted by Law no. 326/2003 (Article 4 of the Statute), and financed by the State to conduct scientific research in the public interest, for the purpose of technological development.
IIT is under the supervision of the Ministry of Economy and Finance and the Ministry of Education, University and Research and is overseen by Corte dei Conti (national auditing body), in accordance with Law 259/58 ("Partecipazione della Corte dei conti al controllo sulla gestione finanziaria degli enti a cui lo Stato contribuisce in via ordinaria" - Art. 12).
IIT aims to promote excellence in basic and applied research and to promote the development of the national economy.
The construction of IIT’s laboratories began in 2006 and ended in 2009.
IIT's total staff is comprised of 1632 people from more than 55 countries. Average age is 34 years and 41% of the staff are women. The scientific field is represented approximately by 80% of overall staff. Approximately 46% of scientific staff come from abroad. Of these, 32% consist of foreigners and 14% are Italians who returned from abroad. Today, the scientific staff consists of 7% principal investigators, 11% staff researchers and technologists, 40% post docs, 42% Ph.D. students and recipients of scholarships.
In 2016, State financing received through the Ministry of Economy and Finance amounted to approximately EUR 94 million, of which 80% was allocated to scientific and technological activities. External resources directly acquired by the Foundation, from 2006 to 30/04/2018, amounted to approximately EUR 213,6 million of which EUR 155,3 million were obtained from competitive projects, EUR 46,8 million from commercial projects and EUR 11,5 million as in-kind contributions.
To date (April 2018), IIT’s production includes 10745 publications, over 170 European projects and 19 ERC (European Research Council) projects, more than 600 active patent applications, 18 established start-ups and 26 under due diligence. Since 2009, the Institute’s scientific activity has been further strengthened with the creation of eleven IIT research centres in Italy (in Turin, two in Milan, Trento, Rome, two in Pisa, Naples, Lecce, Ferrara adn Venice) and two outstations located abroad (MIT and Harvard in the US) which, together with the Central Laboratory in Genoa, develop the research programmes defined in the 2018-2023 Strategic Plan.