The present research aims to investigate the effect of intellectual capital on innovation in Zanjan Science and\nTechnology Park (STP) during 2013. This study was conducted based on the quality-correlation method. The research\nquestionnaire was distributed between employees who worked for any of the firms inside the STP. In general, 220\nemployees work in Zanjan Science and Technology Park, 139 of whom were selected using the Cochran�s formula to\nreply to the questionnaire. Structural equation modeling was used to analyze the data. The results of the correlation test\nrevealed a significant positive relationship between intellectual capital and innovation. The elements of structural capital\nand human capital did not indicate any significant relationship with innovation. However, it was found that the elements\nof intellectual capital (i.e. human capital, structural capital, and relational capital) can be used as predictors of innovation\nin our case study.
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