Regional economic development is driven by the accumulation of production factors. More traditional factors like labour and physical capital are accumulated under the law of diminishing returns. This, in turn, allows less developed regions to better perform. Recent branches of theoretical and...

The issue of the measurement and assessment of territorial competitiveness is of increasing importance for the determination of development strategies at all geographical levels: country, regional and cluster level. The proposed approach focuses on regional competitiveness, given the raising...