Regional Development Issues and Consequences of the Covid-19 Pandemic: Experience and Possibilities for Remote Work

Abstract

We are living in world of dynamic changes, and transformations of global systems and the environment around us leave an impact on how we define our goals, strategies and values at a professional level, and also in everyday life. The ecosystems of innovation and economic development are related to human resources. In that case, some simple questions arise: What? How? Why? But the answer is never too simple. While changes are small and do not interrupt our everyday life, it is simple to overcome; but there are changes that immediately have a big impact on people’s lives. And the Covid-19 pandemic is that kind of change. A Smart Specialisation Strategy defines the prospects for economic development for each region. It is necessary to develop and implement strategic plans and policies for development at a regional and national level, and include social capital, cooperation and innovation. And there are usually some companies that lose and some companies that win, due to the different types of crisis and unexpected conditions. The aim of this paper is to analyse how the dynamic environment impacts on regional development and entrepreneurship during the Covid-19 pandemic crisis. The aim of this paper is to study possible changes and solutions in different industries at a regional level, and develop recommendations The materials and methods used are monographic method (literature studies), statistical data, and the analysis of a survey of companies in the region in order to analyse the transformation process of the regional economic environment. Conclusions: cooperation, innovation and local entrepreneurship at a regional level have an important impact on economic development at a national level.