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Regional competitiveness in the European Union: The role of individual and institutional factors

In: Proceedings of FIKUSZ '18

Author

Listed:
  • Zsofia Feher

    (University of Pecs, Faculty of Business and Economics)

  • Krisztina Horvath

    (University of Pecs, Faculty of Business and Economics)

  • Laszlo Szerb

    (University of Pecs, Faculty of Business and Economics)

Abstract

While it is generally believed that the basic unit of territorial competitiveness is the firm, existing country level and regional competitiveness measures focus on the widely interpreted institutional aspects of competitiveness and neglect individual (firm) level characteristics. The theoretical concepts are also separated. One can find institutional and individual theories, but they are not related to each other. Popular competitiveness indices are based on institutional factors. Reflecting to this contradiction, we have created a new index that combines institutional aspects and individual competencies in a systemic way to measure regional competitiveness more correctly (highlights SME sector).

Suggested Citation

  • Zsofia Feher & Krisztina Horvath & Laszlo Szerb, 2018. "Regional competitiveness in the European Union: The role of individual and institutional factors," Proceedings of FIKUSZ 2017, in: Proceedings of FIKUSZ '18, pages 115-127, Óbuda University, Keleti Faculty of Business and Management.
    • Handle: RePEc:pkk:sfyr17:115-127
    as

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    File URL: http://kgk.uni-obuda.hu/sites/default/files/FIKUSZ2018_10.pdf
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    References listed on IDEAS

    as
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    7. Michael Kitson & Ron Martin & Peter Tyler, 2004. "Regional Competitiveness: An Elusive yet Key Concept?," Regional Studies, Taylor & Francis Journals, vol. 38(9), pages 991-999.
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    Full references (including those not matched with items on IDEAS)

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