Socio-institutional conditions and the development and competitiveness of the region

Abstract

Purpose: The main objective of the article is to describe and analyze the selected regional socio-institutional circumstances and to identify the way and extent of their impact on the development and competitiveness of the region. Design/methodology/approach: The article uses a method of targeted analysis of source literature in the wider field of regional studies. The subject-matter of the article covers issues of social capital, the role of the university in the development of the region, the role of public institutions and public policies, and innovation in terms of development and increased competitiveness of the region. Social implications. The impact of the characteristics and analyzes contained in the article may be highlighted in the field of public policies implemented by local authorities, in particular as regards greater awareness of the role of soft, endogenous development factors in the form of social capital, the sphere of science and knowledge, the quality of public administration and the stimulation of regional innovation. Originality/value. The value of the article is to identify and analyze how and to what extent the socio-institutional factors chosen affect the development and competitiveness of the region. The review of these issues and the general and synthetic considerations carried out are part of the development of regional studies, highlighting the importance of internal, social resources and potential influencing the direction and pace of development of the region. Keywords: regional development, social capital, regional university, public institutions, innovation. Category of the paper: General review.