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Preferred term

territorial strategy and regions  

Definition

  • The notion of territorial strategy emerged in the 1990s and has become more and more popular since. It refers to that combination of factors purposely assembled by governments, private and public companies, universities, and industrial associations to exploit a specific geographic competitive advantage in order to boost economic growth through the development of entrepreneurial activity and innovation. [Source: Encyclopedia of New Venture Management; Territorial Strategy and Regions]

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https://concepts.sagepub.com/social-science/concept/territorial_strategy_and_regions

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