Territory as a development factor

Abstract

ALVAREZ GARCIA, Rubén Darío and RENDON ACEVEDO, Jaime Alberto. Territory as a development factor. Semest. Econ. [online]. 2010, vol.13, n.27, pp. 39-62. ISSN 0120-6346.

The purpose of this work is to identify and stand out the importance of the different localities and regions developing and searching for territorial competitiveness. To acchieve this objective a review on concepts such as region, locality, agglomeration and territorial competitiveness is done. This exposes that territories are not a competitive factor by themselves, but each of them count with possibilities that can be exploited or not according to the adopted political decisions. In order for these decisions to be effective as development factors, a common view of territory must exist. In this since, territory competitiveness must be based in taking advantage of the accumulated capital inside the territory: physical, human, tecnological, institutional, social, cultural, natural and environmental and potentiate it according to the synergies that territory-society-institutions can vitalize, both in its own context as in its global relations.