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Conceptual Framework for Assessing the Impact of Implementing an Integrated Territorial Approach for Regional Development

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  • Stoyanova Mariela

    (1 Tsenov Academy of Economics – Svishtov, Bulgaria)

Abstract

The Cohesion policy of the European Union is the basis of the principle concept of functioning in the Community. In this regard, achieving its main goals is of particular importance. In the context of overcoming the main weaknesses before achieving cohesion goals in the Community, the new paradigm of regional development based on integrated and strategic development initiatives and clearly defined competitiveness factors is becoming increasingly popular. The new approach is oriented towards compensatory actions in narrowly defined and nationally significant areas to discover and use the potential of the regions to achieve the “critical mass” necessary for further development. It is for this reason that the new approach for integrated regional development was already adopted in the previous planning period 2014-2020 in the majority of member states.

Suggested Citation

  • Stoyanova Mariela, 2023. "Conceptual Framework for Assessing the Impact of Implementing an Integrated Territorial Approach for Regional Development," Valahian Journal of Economic Studies, Sciendo, vol. 14(2), pages 49-54, December.
    • Handle: RePEc:vrs:vaecst:v:14:y:2023:i:2:p:49-54:n:2
    DOI: 10.2478/vjes-2023-0015
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    References listed on IDEAS

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    1. Todtling, Franz & Trippl, Michaela, 2005. "One size fits all?: Towards a differentiated regional innovation policy approach," Research Policy, Elsevier, vol. 34(8), pages 1203-1219, October.
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    More about this item

    Keywords

    territorial approach; integration; evaluation; challenges;
    All these keywords.

    JEL classification:

    • H79 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Other
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

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