Development potential of the European territory: A literature review EVA POLEDNÍKOVÁ Faculty of Economics, Department of European Integration VŠB-TU Ostrava, Czech Republic 20TH INTERNATIONAL COLLOQUIUM ON REGIONAL SCIENCES Kurdějov, June 14–16, 2017 CONTENT • MOTIVATION AND AIM OF PAPER • METHODOLOGY OF PAPER • RESULTS • CONCLUSION • REFERENCES 20th International Colloquium on Regional Sciences, Kurdějov, June 14-16, 2017 MOTIVATION AND AIM OF PAPER • European regions ‒ key internal and external challenges. • The EU’s diversity and inequalities. • No uniform theoretical approaches and consensus on the evaluation of territorial development potential in the EU. 20th International Colloquium on Regional Sciences, Kurdějov, June 14-16, 2017 MOTIVATION AND AIM OF PAPER • The aim of the paper is to analyse the existing approaches to development potential, specialization and performance of the European territory and to identify the factors, indicators and methods used to development potential evaluation. • The initial and essential phase of the further research under specific research project. • Hypothesis: Territory with lower levels of disparities and a high level of cohesion achieve higher levels of development potential and competitiveness. 20th International Colloquium on Regional Sciences, Kurdějov, June 14-16, 2017 MOTIVATION AND AIM OF PAPER ACKNOWLEDGEMENT 20th International Colloquium on Regional Sciences, Kurdějov, June 14-16, 2017 Impact of Economic Shocks on Efficiency and Competitiveness of the European Union in Terms of Regional and International Levels: Nonparametric Approach Project registration number: SP 2015/106 (Ing. Michaela Staníčková, Ph.D.) Period of research: 1. 1. – 31. 12. 2015 Recipient: VŠB –Technical University of Ostrava, Faculty of Economics, Department of European Integration Regional Specialization and Diversity of the EU 28 NUTS 2 regions: Analysis of Regional Dynamics Determinants Project registration number: SP 2017/111 (Ing. Michaela Staníčková, Ph.D.) Period of research: 1. 1. – 31. 12. 2017 Recipient: VŠB –Technical University of Ostrava, Faculty of Economics, Department of European Integration METHODOLOGY OF PAPER • The method of literature review ‒ territorial unit, factors/indicators, methods and results. • Citation databases of Web of Science, Scopus and EBSCO, internet search engine Google and Google Scholar. • Keywords, e.g.: indicators/factors of development potential, regional development, socio-economic development, growth, performance, specialization, inequalities. • English and Czech languages, the period 2000‒2017. 20th International Colloquium on Regional Sciences, Kurdějov, June 14-16, 2017 RESULTS OF LITERATURE REVIEW - Territorial level, Factors Source:author’sresults,2017 RESULTS OF LITERATURE REVIEW – Methods, Results Source:author’sresults,2017 RESULTS OF LITERATURE REVIEW – Methods, Results Source:author’sresults,2017 RESULTS OF LITERATURE REVIEW Proposal of dimensions for Composite Development Potential Index • Total of 57 literature resources, the period 2000‒2017 (2012-2015). • EU regions at different territorial level (11 NUTS 2). • Some common dimensions/indicators of development potential: – exogenous x endogenous – economic x social (x environmental) – development potential of demography; infrastructure (social, economic, technical); natural resources; economic structure; research and development; innovation and creativity; entrepreneurship; human capital; regional specialisations; geographical proximity; socio-economic readiness etc. 20th International Colloquium on Regional Sciences, Kurdějov, June 14-16, 2017 CONCLUSION • Most of the authors point out NUTS 3 regions or rural areas, apply the statistical method/ econometric models, show different results. • No one of the theories, available methods and indicators can be considered as universal. • Each state, region or rural areas has its own history, current level of development, present potential and future opportunities, which makes it impossible to implement common development strategies. • Some common dimensions of indicators for construction of Composite Development Potential Index can be identified. 20th International Colloquium on Regional Sciences, Kurdějov, June 14-16, 2017 MAIN REFERENCES • ANTONESCU, D., (2015). Theoretical approaches of endogenous regional development. MPRA Paper No. 64679. • BERNARD, J., (2011). Endogenní rozvojové potenciály malých venkovských obcí– obtížné hledání a měření jejich vlivu. Sociologický časopis /Czech Sociological Review, vol. 47, no. 4, pp. 745–775. • BOHÁČKOVÁ, I., HRABÁNKOVÁ, M., (2004). Development potential in regions and its monitoring. Agric. Econ. – Czech, vol. 50, no.6, pp. 261–265. • BORYCZKO, A., (2007). Economic Development Potential Of The Krakow Region. SPNA Review, vol. 3, no. 1, pp. 1–16. • CAPELLO, R., PERUCCA, G., (2015). Openness to Globalization and Regional Growth Patterns in CEE Countries: From the EU Accession to the Economic Crisis. Journal of Common Market Studies, vol. 53, no. 2, pp. 218–236. • CHEYMETOVA, V. A., NAZMUTDINOVA, E. V., (2015). Socio-Economic Potential of the Region and Its Evaluation. Asian Social Science, vol. 11, no. 7, pp. 74–81. • ČINGULE, S., (2009). Regional Development and Economic Potential of the Counties of Latvia. Economic Science for Rural Development, no. 19, pp. 294–306. • DAŃSKA-BORSIAK, B., LASKOWSKA, I., (2014). Selected Intangible Factors Of Regional Development: An Analysis Of Spatial Relationships. Comparative Economic Research, vol. 17, no. 4, pp. 23–41. . • ĎURKOVÁ, K., ČÁBYOVÁ, L., VICENOVÁ, E., (2012). Regional development in economic core regions. Review of Applied Socio- Economic Research, vol. 4, no. 2, pp. 87–92. • GODS, U., GODE, N., SERJOGINA, A., (2007). Main Directions of Influencing the Endogenous Regional Development in Latvia. Economic Science for Rural Development, no. 12, pp. 92–97. • KALNINA-LUKASEVICA, Z., (2003). Development of Regions in Latvia – Growth Factors, Policy Alternatives, Synthesized Development Model. Shape and be Shaped: The Future Dynamics of Regional Development Regional Studies Association European Conference 2013. pp. 1–27. • MIŁEK, D., NOWAK, P., (2015). Regional Specialisation as an Endogenous Factor in the Development of Poland’s Provinces. Equilibrium. Quarterly Journal of Economics and Economic Policy, vol. 10, no. 2, pp. 115–135. • NIEBUHR, A., (2003). Spatial Interaction and Regional Unemployment in Europe. European Journal of Spatial Development, no 5, pp. 1–26. • SAFIULLIN, M. R., SARACH, L. V., PRYGUNOVA, M. I., (2016). An evaluation of the regional resource potential as a part of cluster system analysis. Journal of Economics and Economic Education Research, vol. 17, no. 2, pp. 430–432. • SMĘTKOWSKI, M., WÓJCIK, P., (2010). Regional Development in Central and Eastern Europe. Regional and Local Studies, Special issue, pp. 77–105. • STRAKA, J., TUZOVÁ, M., (2016). Factors Affecting Development of Rural Areas in the Czech Republic: a Literature Review. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, vol. 64, no. 6, pp. 2141–2150. • VITURKA, M., (2014). Integrative model for evaluation of development potential of regions and its application on an example of the Czech Republic. Ekonomie E+M, vol. XVII, pp. 4–19. Questions/suggestions…? 20th International Colloquium on Regional Sciences, Kurdějov, June 14-16, 2017 THANK YOU FOR YOUR ATTENTION! eva.polednikova@vsb.cz