INSTITUTIONAL ASPECTS OF REGIONAL ECONOMIC DEVELOPMENT
Keywords:
Regional economic development, corporate structure, development policies, economic development strategies, institutional capacity building, local entrepreneurship and innovation, regional development indicatorsAbstract
This article examines the institutional aspects of regional economic development. Regional economic development is a strategic process that aims to stimulate economic growth in a specific geographical area. The success of this process depends on a number of institutional factors. This article addresses the importance and impact of these factors, highlighting the institutional aspects
of regional economic development. The article focuses on institutional aspects of regional economic development. These aspects
include issues such as the role of local governments, investment incentives, public-private cooperation, and contributions of local businesses and non-governmental organizations. These factors are considered to influence and promote regional economic development. Consequently, institutional aspects of regional economic development play an important role in the design and implementation of regional development policies. This article aims to contribute to the understanding of these aspects and the more effective development of regional economic development strategies.
