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Region: Economics and Sociology

2013 year, number 3

Regional Competitive Potentials and Competitive Attractiveness

B.M. Grinche
Keywords: region, competitive potential, competitive attractiveness, economic development, infrastructure development, innovation development, quality of life, human potential

Abstract

The paper considers the current dimensions of competition and groups of consumers for which regions compete with each other. A definition of competitive potentials in a region is presented as well as the calculations of such potentials according to five factors such as the economic development, development of infrastructures, innovation development, quality of life, and human potential, each by a 100-point appraisal plan. We present our assessment of the competitive potentials for several Russian federal districts and regions classified by the technique proposed and discuss how such assessments could be applied.