Contribution to Modern Economic Region Theory: Factor of Intangible Digital Resources

Yelena Popova (), Olegs Cernisevs () and Sergejs Popovs
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Yelena Popova: Transport and Telecommunication Institute, Faculty of Management and Logistics, LV1019 Riga, Latvia
Olegs Cernisevs: StarBridge Ltd., Research Department, LV1050 Riga, Latvia
Sergejs Popovs: Institute of Life Sciences and Technologies, Daugavpils University, LV5401 Daugavpils, Latvia

Geographies, 2025, vol. 5, issue 1, 1-19

Abstract: This article explores the transformative role of intangible resources and products such as data, algorithms, and digital platforms in redefining economic region theory. The goal of the study is to provide a framework for dealing with intangible resources and products and refining the cost calculation techniques for them. The article includes the genesis of a theoretical approach to regional development and consideration of the implications of theoretical provisions in practice. Intangible inputs have significant peculiarities compared to tangible resources, and these peculiarities require a specific approach to the management of regions, especially considering their impact on agglomeration, cost structures, and market dynamics. The research is based on a comprehensive literature review and comparison, and application of theoretical provisions to practice. The development of the cost calculation framework is based on classical cost analysis considering the peculiarities of intangible resources. The findings demonstrate that integrating intangible resources into economic region theory broadens its applicability, offering a roadmap for regions to achieve growth and resilience in the digital economy while addressing evolving global challenges.

Keywords: region development; intangible (digital) resources; intangible (digital) products; cost analysis; practical implication (search for similar items in EconPapers)
JEL-codes: Q1 Q15 Q5 Q53 Q54 Q56 Q57 (search for similar items in EconPapers)
Date: 2025
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