Utilizing endogenous potentials through EU cohesion policy: examples from Central Europe.

The Barca Report of 2009 firmly placed endogenous potentials on the European Union policy agenda. Now, as the current EU programming period 2014–2020 draws to a close, this article examines how such potentials are being shaped and applied at the local and regional levels. We reflect upon lessons learned from this approach, thereby contributing to the debate on the next European Union's cohesion programming period from 2020 onwards. The analysis deals with the valorization of place-based development potentials in case study regions, highlighting challenges in the current development of such regions. Examples are given of the utilization of endogenous potentials, and we consider lessons learned from this locally-led, place-based development approach for the wider framework of European cohesion policy. The focus is on (old) industrial regions, characterized by small- and medium-sized towns outside major agglomerations. The authors conclude that it is insufficient to merely consider the direct economic effects of endogenous development potentials. Instead, a more comprehensive perspective is required, one that pays greater attention to other functions of endogenous approaches, specifically their catalyst, identity and symbolic functions. [ABSTRACT FROM AUTHOR]