Title: Regional development and knowledge-based factors in European Union NUTS 2 regions: a structural equation modelling
Authors: Antonio Lerro; Giovanni Schiuma
Addresses: Department of Mathematics, Computer Sciences and Economics, University of Basilicata, Viale dell'Ateneo Lucano, 85100 Potenza, Italy; Department of Engineering for Innovation, University of Salento, Via per Monteroni snc, Lecce, Italy ' Department of Mathematics, Computer Sciences and Economics, University of Basilicata, Viale dell'Ateneo Lucano, 85100 Potenza, Italy
Abstract: This paper examines the relationships among regional development and knowledge-based factors applying a structural equation modelling (SEM). The object of investigation is a large sample of European Union (EU) NUTS 2 regions. The insights confirm the strategic relevance of the knowledge-based factors for the regional development, but they seem to suggest that it is the regional development that drives the attraction and the absorption of critical knowledge resources that, in turn, virtuously support renewed development dynamics.
Keywords: knowledge-based development; regional development; European Union; EU NUTS 2 regions; structural equation modelling; SEM; knowledge resources.
International Journal of Knowledge-Based Development, 2015 Vol.6 No.2, pp.104 - 130
Available online: 29 Aug 2015 *Full-text access for editors Access for subscribers Purchase this article Comment on this article