The impact of intellectual capital on regional development: an RCA application
by Antonio Lerro, Giovanni Schiuma
International Journal of Innovation and Regional Development (IJIRD), Vol. 1, No. 2, 2008

Abstract: Theories that emphasise the new role of the region as unit of economic analysis and the territorial sphere most suited to the interactions of political, social and economic processes in an era of globalisation highlight the importance of intangible and knowledge resources for activating and enhancing regional development patterns. A concept that captures holistically the relevance of this kind of resources on regional socio-economy is Intellectual Capital (IC). This work proposes a multidimensional perspective of regional development based on the notion of value creation. Using Robust Canonical Analysis (RCA) with data of the Italian Regions, the relationship between ownership and use of IC and regional development is demonstrated empirically.

Online publication date: Fri, 17-Oct-2008

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