Enterprises’ Development in Peripheral Regions: Patterns and Determinants
Enterprises’ Development in Peripheral Regions: Patterns and Determinants

Summary/Abstract: The goal of the paper is to identify the essential determinants of enterprises’ growth in a peripheral region, with regard to particular patterns of regional development. Literature studies have been conducted to recognise the patterns and determinants of the development in question. Characteristics of lagging regions have been provided in the first section, while another section contains a discussion on aspects related to enterprises’ growth in non-core regions. The main finding is associated with a crucial valueof innovation, knowledge spillovers, as well as social and human capital as fundamental for enterprises facing scarcity of regional endogenous resources. Thus, necessary actions should be taken for promoting enterprises’ networking and internalisation. Entrepreneurial attitudes, notably of young generation, should be supported. The findings may be interesting for entrepreneurs and regional policymakers.

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