STRATEGIES FOR EFFECTIVE REGIONAL SERVICE SECTOR DEVELOPMENT: INTEGRATING HUMAN CAPITAL, INFRASTRUCTURE, AND INSTITUTIONAL FRAMEWORKS
Abstract
The development of the regional service sector is increasingly recognized as a critical driver of economic growth, innovation, and competitiveness in modern economies. Effective regional strategies must integrate human capital development, infrastructure investment, entrepreneurship support, and place-based institutional frameworks to achieve sustainable service sector growth. This article synthesizes evidence from global and regional studies, highlighting the role of education, vocational training, digital infrastructure, and smart specialization in fostering service-oriented economies. The analysis emphasizes the importance of leveraging regional comparative advantages, facilitating public-private partnerships, and integrating service sector development with broader industrial and digital policies. The study concludes that high-quality service sector development requires adaptive, evidence-based strategies that balance local capabilities with global economic and technological trends.
Fields of Study & Subjects
Regional Development and Policy
Regional Economic Development and Innovation
Economic Development and Regional Competitiveness
Publication details
- Journal / source
- Journal of Applied Science and Social Science
- Publication date
- 13 March 2026
- Language
- EN