Abstract

In today’s increasingly global economy, the relationships of competition between countries and regions have changed. Therefore, regional development networks have come to assume relevance at the regional level, and through a literature review, this study aims to answer the question: What is the role of regional development networks in regions’ competitiveness? To this end, an ecosystem model is proposed for regional development networks so as to help regions in their development and competitiveness. This study also identified four types of regional network: (1) smart specialisation strategies, (2) regional innovation strategy, (3) regional development and entrepreneurship networks, and (4) ecosystems of entrepreneurship and innovation. The model proposed contributes to advancements in this area of research, since only the “helices” model of regional development network was found. The newly developed ecosystem model has not been empirically validated. In terms of guidelines for future research, this topic should be addressed by collecting information to expand the model presented here, as well as testing it in regions and subsequently between regions.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.