Correlation Between Regional Competitiveness and Smart Regions

Abstract

This scientific article represents an empirical research on the smart and sustainable development of Romania after the accession to the European Union. The main objective is to determine the current state of smart development of the four macro-regions of our country and to identify possible solutions for improving the performance and reducing the gaps. The research methodology applied in this case is based on critical comparative analysis, and statistical data. The results from the first part of the research shows, on the one hand, that between the macro-regions of the country there are gaps in terms of smart and sustainable development, and the highest performances are registered at the level of Macroregion three. On the other hand, the results show large gaps with Austria (performer in the smart development) with most of the dimensions characteristic of the smart regions / cities considered by us in this research. The results of the second part of the research demonstrates that the level of competitiveness has a decisive role in supporting the process of smart development and reducing gaps at national and international level, and stimulating innovation is essential for achieving the goal of smart, sustainable and inclusive long-term development.