What is Competitiveness (Micro-Level)

This chapter focuses on the issue of regional competitiveness from a social innovation standpoint. It argues that social innovation plays an important role in enhancing the competitiveness of regions, since social innovation initiatives constitute an ideal context for partnerships between business organizations and Non-Governmental Organizations (NGOs) to utilize local capabilities and create value. The region will ultimately be able to offer a balanced standard of living and will remain competitive by providing for the well-being of the communities and society at large.