Regional development and intellectual capital: Unveiling the innovation-tradition dilemma

Pierluigi Toma and Patricia Laurens

Socio-Economic Planning Sciences, 2024, vol. 96, issue C

Abstract: In the agri-food sector, intellectual capital includes innovation and tradition, which are often wrongly perceived as incompatible. The impact of intellectual capital on regional development has not been widely studied, particularly in the context of the Italian agri-food sector, which has a strong territorial heterogeneity. This paper aims to measure the impact of intellectual capital and know-how on regional development in the agricultural sector using a nonparametric efficiency methodology applied to a unique geographic area-based dataset. The study finds that innovation, measured by patents, has a better impact on efficiency than the relational component, which has an inverted U-shaped effect.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceps:v:96:y:2024:i:c:s0038012124002878

DOI: 10.1016/j.seps.2024.102087

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