Title: The impact of intellectual capital on regional development: an RCA application

Authors: Antonio Lerro, Giovanni Schiuma

Addresses: Center for Value Management, LIEG/DAPIT, Universita degli Studi della Basilicata, Viale dell'Ateneo Lucano 85100, Potenza, Italy. ' Center for Value Management, LIEG/DAPIT, Universita degli Studi della Basilicata, Viale dell'Ateneo Lucano 85100, Potenza, Italy; Cranfield School of Management, Center for Business Performance, Cranfield University, Cranfield, UK

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.

Keywords: regional development; intellectual capital; knowledge assets; RCA; robust canonical analysis; Italy.

DOI: 10.1504/IJIRD.2008.020845

International Journal of Innovation and Regional Development, 2008 Vol.1 No.2, pp.147 - 165

Published online: 17 Oct 2008 *

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