Publication detail

Competitiveness of the Olomouc Region with Respect to Future Regional Development Possibilities

VAŇKOVÁ, L. KREJZA, Z. MECOVÁ, A. SUK, O. LUKEŠ, J.

Original Title

Competitiveness of the Olomouc Region with Respect to Future Regional Development Possibilities

Type

conference paper

Language

English

Original Abstract

Regional competitiveness is an important factor in regional development. There is an effort to take advantage of the strengths of the region and to fully develop their potential. Regions, cities and municipalities compete together in creating, attracting, retaining and supporting economic subjects. Competitiveness of the region is dependent on the economic level and, on the contrary, the economic level of the region is based on its competitiveness. Increasing the competitiveness of the regions and reducing interregional disparities in the Member States is one of the main priorities of the European Union. Average and slightly below-average regions are suitable candidates for drawing EU subsidies. The article addresses the issue of the regional competitiveness. The aim of the article is to compile the evaluation of the competitiveness of the Olomouc Region within the nationwide comparison and to present possible directions of development and projects to support this development. Special indicators were set to assess the competitiveness of the regions: economy and productivity, labour market and unemployment, population income, construction industry and infrastructure and socio-economic potential. The results of the research in all these indicators show that the Olomouc Region reaches average or slightly below-average values within the nationwide comparison. For reaching a better position in this comprehensive assessment, the region should focus primarily on supporting the investments which have a positive impact on the future development of the area. The structure of the investments made represents an important link between economic growth and competitiveness.

Keywords

Competitiveness; Indicators; Olomouc region; Regional development

Authors

VAŇKOVÁ, L.; KREJZA, Z.; MECOVÁ, A.; SUK, O.; LUKEŠ, J.

Released

15. 11. 2018

Publisher

Varazdin Development Entrepreneurship Agency

Location

Varazdin, Chorvatsko

ISBN

1849-7535

Periodical

Book Series: International Scientific Conference on Economic and Social Development

State

Republic of Croatia

Pages from

476

Pages to

485

Pages count

10

URL

http://www.esd-conference.com/past-conferences

BibTex

@inproceedings{BUT151368,
  author="Lucie {Vaňková} and Zdeněk {Krejza} and Anna {Mecová} and Ondřej {Suk} and Jakub {Lukeš}",
  title="Competitiveness of the Olomouc Region with Respect to Future Regional Development Possibilities",
  booktitle="35th International Scientific Conference on Economic and Social Development – {"}Sustainability from an Economic and Social Perspective{"}, Book of Proceedings",
  year="2018",
  journal="Book Series: International Scientific Conference on Economic and Social Development",
  pages="476--485",
  publisher="Varazdin Development Entrepreneurship Agency",
  address="Varazdin, Chorvatsko",
  issn="1849-7535",
  url="http://www.esd-conference.com/past-conferences"
}