From Traditional Regional Analysis to Dynamics of Local Development: Foundations and Theoretical Reorientations

Abstract

The conventional and traditional regional analysis seems to gradually changing focus, content and hermeneutic optic. The regional analysis of past seems increasingly saturated, being incapable to interpret and propose policy solutions that originate primarily from the potential of local development, innovation and entrepreneurship. To this end, new, multidisciplinary approaches of local development seem to prevail progressively, leading the study of development to the analysis of dynamically evolving localities.

Keywords: Regional analysis, Local development, Innovation environment, Entrepreneurial dynamics