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According to the usual descriptions, the Italian Renaissance of the 15th century, spreading through the rest of Europe, represented a reconnection of the west with classical antiquity, the absorption of knowledge?particularly mathematics?from Arabic, the return of experimentalism, the focus on the importance of living well in the present (e.g. Renaissance humanism), an explosion of the dissemination of knowledge brought on by printing and the creation of new techniques in art, poetry and architecture which led to a radical change in the style, and substance of the arts and letters. This period, in this view, represents Europe emerging from a long period as a backwater, and the rise of commerce and exploration. The Italian Renaissance is often labeled as the beginning of the "modern" epoch.
However, it is important to recognize the countless modern institutions that did have their roots in the Middle Ages, such as nation-states, parliaments, limited government, bureaucracies, and regulation of goods and services.