SynopsisThe dynamical behaviour of a slender rod is analyzed here in terms of a generalization of Euler's elastica theory. The model includes a linear stress-strain relation but nonlinear geometric terms. Properties of the rod may vary along its length and various boundary conditions are considered. A rotational inertia term that is neglected in many theories is retained, and is essential to the analysis. By use of the equivalence of an energy and a Sobolev norm, and by reformulation of the equations as a semilinear system, global existence of solutions is proved for any smooth initial data. Equilibrium solutions that are stable in the static sense of minimizing the potential energy are then proved to be stable in the dynamic sense due to Liapounov.