Purpose of the paper: The article aims to highlight the effectiveness of the training and development programs, assessed in relation to some control variables, such as information about attendees, company size, geographical location and topics of learning on growth rate of Italian provinces. Methodology: The Fondimpresa data from 2015 to 2017 and the ISTAT data for the same period were used in order to carry out a descriptive and empirical analysis. Main Findings: The preliminary results underline a positive effect on welfare of specific regions, but also some differences are captured between the provinces as well as the different types of training courses. Practical implications: The investment in human capital can contribute to improve business performance and accelerate social and economic growth of specific geographical areas. Originality/value: The article intends to contribute to bridging the gap in the literature regarding the relationship between corporate training program, economic performance and regional social repercussions. Type of paper: Empirical and descriptive.
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