On 30 March 2009, the Director of the Rafael del Pino Foundation signed a research agreement with Professors Gregorio Martín, Pedro López and Miriam Delgado for the development of the last part of a study entitled "The role of intellectual capital in technological innovation", which pursues the following objectives:
- To develop a theoretical model that analyses the phenomenon of technological innovation based, fundamentally, on the intellectual assets of companies;
- To analyse technological innovation processes on products and production processes, as well as their incremental and/or radical nature;
- To understand the asset endowments or intellectual capital of R&D-intensive industrial firms in Spain;
- To provide statistically significant empirical evidence on the phenomenon of technological innovation and intellectual capital, allowing conclusions to be drawn both for professionals and experts in the R&D-intensive manufacturing sector in Spain, as well as for academics and researchers;
- To develop scientific and academic relations with the Manchester Business School and its innovation centre, with the aim of improving the level of research and teaching of this group of Spanish university professors.