Wikipedia
The Istituto Adriano Olivetti di studi per la gestione dell'economia e delle aziende, known as ISTAO is a business school in Ancona, established in 1967 by the Italian economist Giorgio Fuà. ISTAO organizes post-graduate and executive courses as well as it gives its contribution in the field of Economy and Finance. ISTAO is named upon the name of Adriano Olivetti, the well-known entrepreneur who created and managed the Olivetti company and worked with Fuà during the '40s. ISTAO has been established in 1967 within the new Faculty of Economics of Ancona whereas a group of people, led by Giorgio Fuà, started to gain interest in finding new methodologies and techniques in teaching and research fields. According to this proposition, ISTAO developed during the years a methodology that makes it completely different from the Italian academic system and nowadays the business school is characterized by its tight link with the regional economic network (The "productive model") and by the managerial style of its teaching.