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What is Regional Disproportions

Chapter 6
Handbook of Research on Smart Territories and Entrepreneurial Ecosystems for Social Innovation and Sustainable Growth
Differences in the achieved level of development of regions.
Published in Chapter:
The Importance of Intellectual Capital for the Sustainable Growth of Regions: Evidence From the Republic of Serbia
Tamara Rađenović (Faculty of Occupational Safety, University of Niš, Serbia) and Bojan Krstić (Faculty of Economics, University of Niš, Serbia)
Copyright: © 2020 |Pages: 23
DOI: 10.4018/978-1-7998-2097-0.ch006
Abstract
In the knowledge economy era, the importance of intellectual capital as the source of value creation has been well recognized in theory and practice. Only those countries, regions, organizations, and individuals who understand the significance of intellectual resources can improve their performances in the long run. Hence, this chapter aims to investigate the importance of intellectual potentials for the sustainable development of regions. The main contribution of this chapter is the presented methodological framework for measuring the intellectual performance of regions. Additionally, this study provides empirical research regarding regions in the Republic of Serbia. The obtained results can be a good starting point for policymakers in designing regional development strategies and policies.
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