Review of Relevant Approaches for Evaluation of Development Potential: Use for the EU Regions

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F17%3A10236510" target="_blank" >RIV/61989100:27510/17:10236510 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Review of Relevant Approaches for Evaluation of Development Potential: Use for the EU Regions

Original language description

Regional development policies based on local potential triggers a shift in the economic structure of territories (country, regions, provinces, counties, cities). The shift in the structure of the economy is a rapid change in the economic structure as a policy strategy synergizing system of the various sectors in the regions that have an impact on economic performance, employment, public services, public participation, and other aspects. Developments are conducted in the form of planned changes in various aspects of social life by exploiting all the potential of human resources, natural resources, and institutions available in the region. The territorial to improve economic growth coupled with efforts to change the economic structure of the dominance of the primary sector towards improving secondary and tertiary sectors becomes very important. The question is what strategy is used to increase the effectiveness of regional development policies impact the shift in the economic structure of territory? Regional development strategies should be based on the sound assessment of regional resources, capabilities, competencies and core competencies, as well as on dynamic capabilities aiming to develop the resource configurations in order to form regional competitive advantage. Competitive advantage is based on its resource configurations, but these resource configurations have to territorial over time in order to keep them competitive. The main aim of the paper is to analyse the existing approaches to development potential, specialisation and performance of the European territory and to identify the key factors as background for a construction of the own composite index to an evaluation of development potential. Potential of regional development is determined by exogenous and endogenous factors and it is necessary to use different indicators and methods to its evaluation.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Liberec Economic Forum 2017: proceedings of the 13th international conference : 11th-13th September 2017, Liberec, Czech Republic, EU

ISBN

978-80-7494-349-2

ISSN

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e-ISSN

neuvedeno

Number of pages

9

Pages from-to

78-86

Publisher name

Technical University of Liberec

Place of publication

Liberec

Event location

Liberec

Event date

Sep 11, 2017

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000426486500009