Regional policy in the European Union becomes more and more important every year, especially in the last few years. As the experiences of the European Union show, structural programs or other forms of support are most effective when realized in the regions, for the regions and through the regions.
The role and position of the regions in the EU strengthens every year. In the following years, regions will work and participate in the EU budget even more intensively. Therefore, there will be more and more programs and grants to be realized in the regions and through the regions.
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Subject and purpose of work: EU regional policy aims to increase the economic and social cohesion of the Member States. For the programming period of 2014 - 2020 a new tool has been planned, which will contribute to the effective implementation of the cohesion policy - Integrated Territorial Investment (ITI). The aim of this article is to determine whether the direction of measures arising from the assumptions of the cohesion policy 2014 - 2020, implemented in the ITI strategy, addresses actual problems in the area covered by the ITI strategy (on the example of Kalisz-Ostrów Agglomeration - KOA). Materials and methods: The study was based on the analysis and synthesis of EU and Polish regulatory provisions on the cohesion policy 2014 - 2020, data on financial allocation for the implementation of the ITI and literature on the subject of EU regional policy. Results: The direction of measures arising from the assumptions of the cohesion policy 2014 - 2020 in the ITI strategy addresses real problems in the development of the area covered by the KOA strategy. EU funds have been planned for: promoting entrepreneurship; promoting low-carbon strategies; the development of an educated society and investments in modern infrastructure. Conclusions: Solving the problems of the areas covered by the ITI strategy will depend on the realization of the development goals. Therefore, the synergy of conditions associated with the transformation of the postulated stage into the executive stage of the cohesion policy under ITI is necessary. This synergy is associated with both the quality of human capital and the amount of financial resources as well as the competences of those involved in the implementation of the ITI concept.
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The framework of the endogenous growth models and empirical evidence argue that two dimensions determine a region's ability to narrow its technological gap and improve its productivity growth. The first is its absorptive capacity, e.g. its ability to imitate foreign advanced technologies. The second is its innovative capability, namely the extent to which it is able to produce new, advanced knowledge. Thus, the narrowing knowledge absorption and innovation gaps between regions improve a region's productivity level and move it up the value chain towards specialization in knowledge-intensive and high value-added activities. The following paper attempts to contribute to the existing empirical findings and theoretical discussion on the inter-linkages between knowledge absorption, innovation capability, determined technological change, and economic growth of EU regions. The author's results show that despite the fact that the EU has a long tradition in education and new knowledge generation, there is a very modest ability to make EU regions more productive and grow them. The important role of productivity and knowledge-based sectors in improving EU regional prosperity suggests to carefully examine which knowledge activities drive productivity and the catching-up process of the EU regions. Overall, prospects for catching up will depend largely on how regions balance higher education and R&D priorities and place emphasis on the above activities. These results may be regarded as supportive of recent EU regional policy based on the Lisbon and Europe 2020 Strategies of Smart Growth.
Collier, P. (2007). The Bottom Billion. Why the Poorest Countries are Failing and What Can Be Done About It. Oxford University Press, New York. Retrieved January 20, 2018, from https://www.sfu.ca/content/sfu/dean-gradstudies/events/dreamcolloquium/SpringColloquium/Readings/Readings/_jcr_content/main_content/download_47/file.res/Paul%20Collier .
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