The impact of intellectual capital on regional development: an RCA application. Issue 2 (21st October 2008)

• Record Type: Journal Article
• Authors: Lerro, Antonio; Schiuma, Giovanni
• Is Part Of: International journal of innovation and regional development. Volume 1:Issue 2 (2008)
• Page Start: 147
• Page End: 165
• Publication Date: 2008-10-21
• Subjects: regional development -- intellectual capital -- knowledge assets -- RCA -- robust canonical analysis -- Italy; Regional planning -- Periodicals; Community development -- Periodicals; Technological innovations -- Periodicals; 307.105
• Languages: English
• ISSNs: 1753-0660

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.