Abstract
The interest in the concept of territorial capital has considerably increased in the past few years. The first goal of the study is to give an overview of the possible interpretations and elements of territorial capital. Second, it is aimed at giving a summary of the circumstances that have encouraged the emergence of the territorial capital approach. The third goal is to go beyond the description of current issues by presenting how the concept has been used to verify development issues, while also by highlighting some challenges of empirical investigations on the research topic. Finally, the chances that territorial capital will be used as a strategic planning approach is detailed in addition to a decision support tool. The main result of the study is an own view of the concept of territorial capital which synthesises the up till now state of the research issue and points out its potentials for both scholars and policy-makers.
Highlights
Territorial capital has gained considerable attention and is becoming a major field of interest, despite not having a long tradition in regional science, spatial planning, and spatial thinking
The main argument for exploring the essence of territorial capital can be underlined by considerations, such as the fact that scholars, as well as practitioners and planners, have hardly any information about why the concept of territorial capital has become relevant in recent years
An agreed-upon and unambiguous definition is yet to be formulated, and there is no widespread agreement on the concept of territorial capital, this emerging research issue should be regarded as a decisive and challenging scientific approach with promising perspectives in reshaping decision support techniques in the future
Summary
Territorial capital has gained considerable attention and is becoming a major field of interest, despite not having a long tradition in regional science, spatial planning, and spatial thinking. The notion of territorial capital and the main motivations for this research issue, along with the characteristic features of territorial capital, are currently being revealed by the scientific community. An agreed-upon and unambiguous definition is yet to be formulated, and there is no widespread agreement on the concept of territorial capital, this emerging research issue should be regarded as a decisive and challenging scientific approach with promising perspectives in reshaping decision support techniques in the future. The first is to give an overview of the possible interpretations and elements of territorial capital. It is aimed at giving a summary of the circumstances that have encouraged the emergence of the territorial http://rcin.org.pl. The chances that territorial capital will be used as a strategic planning approach is detailed in addition to a decision support tool
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