Purpose The purpose of this article is to discuss issues raised at The 1st World Conference on Intellectual Capital for Communities in the Knowledge Economy: Nations, Regions and Cities, which took place in Paris, June 20, 2005. Design/methodology/approach The conference was structured into four sessions: intellectual capital and the knowledge economy; intellectual capital for nations; intellectual capital for regions; and looking at the future. Findings Finds that there is a gap that must be addressed. There are very few actual case studies that articulate how a knowledge economy is nurtured and operates on a regional and local basis. Originality/value This article is based on the first conference, which was a remarkable convocation and springboard event and will be of interest to those in the field of intellectual capital.