Knowledge as an Intangible Factor of Growth in Papua, Indonesia: Examining the Role of Education, Vocational Program, Information and Communication Technology

Knowledge is capable to produce economic growth, but also the most challenging to capture. By endogenous growth theory, it can sustain the long-term wealth through the increase in capital and goods. In this study, knowledge as an intangible factor, described by duration of formal education, the application of information technology and culture. The aim of this study is to examine whether the duration of formal education, the application of information technology and culture can produce growth in less developed region. The analysis applied through Fixed Effect Model on panel data from 25 regencies and city in Papua Province, Indonesia, from 2012-2017. The results show that there are only few indicators such as years of schooling, numbers of people who have the computers and internets which had significant effect on growth