Knowledge‐based dynamics of regional development: the case of Basilicata region

Abstract

PurposeThe purpose of this paper is to analyse the knowledge dimensions grounding regional development dynamics.Design/methodology/approachThe paper first provides a knowledge‐based interpretation of regional development and afterwards the knowledge assets categories at the basis of value creation dynamics at regional level are discussed. The aim is to define a conceptual framework addressing the knowledge assets categories affecting the development dynamics of regions and territories. To support these arguments, the paper integrates the conceptual framework with the analysis of a case study of an Italian region. The paper provides the case example of Basilicata region, which has planned and implemented policies aimed to activate and support regional strategic development by focusing on knowledge assets dimensions. The paper combines a deductive approach with an inductive one. The knowledge assets dimensions grounding regional development dynamics are identified through a review of the literature. Then, the conceptual framework is integrated by the analysis of a case study aimed to enrich the proposed conceptual arguments with empirical evidences.FindingsThe paper highlights the strategic relevance of knowledge capital in sustaining and driving regional development dynamics. The knowledge assets dimensions grounding regional development are discussed, providing insights for both research and practice.Originality/valueThis paper contributes to further develop the knowledge‐based view of the regional development dynamics. The paper provides implications for future research and useful insights for policy making.