Regional development in the context of diversification and spatial concentration of industry in Visegrad countries

In global economy, regions are considered as engines of economic development and growth of national economies. Regions are less institutionalized, they are more perceptive and they can better respond to new innovative concepts and create synergies. The region does not mean only information about the spatial classification, but it includes social and economic aspect. There has been a specialization in the industry. At the regional level there is better implementation of the concept of clusters than at the national level. The level of development of the region is expressed by degree of competitiveness. Defining of factors that affect competitiveness and that influence it must be based on the situation, that competitiveness is a complex phenomenon. The phenomenon reflects the social and economic situation of the area. It is a multidimensional problem. Competitiveness and development of regions is given by a number of interrelated factors, which reflects the situation in the area. This article deals with the sectoral structure in regions in Visegrad countries. The regions will be analyzed in terms of their specialization and diversification. The results will be compared with competitiveness of the regions. This article aim is to characterise the relationship between the structure of industry in region and the level of its competitiveness. The hypothesis regions that have a higher degree of diversification have also higher evaluation of competitiveness will be tested.