Regional Competitiveness

Regional Competitiveness refers to the ability of a region to attract and retain businesses and talent, hence fostering economic growth and improving living standards for its inhabitants. It encompasses factors such as infrastructure quality, workforce skills, government policies, and innovation capacity that collectively form a conducive environment for sustained economic development. Regions with high competitiveness tend to prosper due to efficient resource utilization, vibrant entrepreneurial ecosystems, and strong connections to global markets, which further propel economic resilience and adaptability in an ever-changing world.