“…In an attempt to measure regional development levels, some authors emphasise technological progress (defined as knowledge development, accumulation and diffusion) and the regions' ability to develop new technologies and/or to assimilate the existing ones (de Groot, Nijkamp & Acs, 2001;de Dominicis, Florax & de Groot, 2013), the geographical mobility of investors (Miguelez et al, 2010), knowledge transfer mechanisms and knowledge transfer agents (Simonen & McCann, 2010), universities and commercialisation of university research (Bergman, 2010), migrations and their impact on labour markets (Rodriguez-Pose & Tselios, 2010). Others point out human capital, knowledge and creativity (Nijkampet al, 2010) or knowledge infrastructure, human capital, talent, knowledge generation, protection and accumulation (Karlsson & Johansson, 2012), leading to the overarching concept of territorial capital, as defined by Camagni & Capello (2013).…”