Regional competitiveness: Some conceptual issues and policy implications

As the notion of competitiveness itself arises many doubts regarding its meaning and interpretation, so does the notion of regional competitiveness. The important problem is that the conceptual issues related to the regional competitiveness have been translated to the regional policy level. They have implied many failures that the regional policy - seeking to achieve competitiveness and consequently sustainable economic growth and well-being of its people - has been experienced world-wide. The paper focuses upon what is meant by ,,regional competitiveness". Through an analysis of this it tries to analyze some of conceptual issues that may be potentially misleading for regional policy consideration and action.