“…The importance of regions-conceptualized as a unit of social-economic space, characterized by production structure of all ownership forms, population, employment concentration as well as governmental institutions, fundamentally, a social, cultural, political and economic interaction system (Agnew, 2000(Agnew, , 2001Haukkala et al, 1999in Palekiene et al, 2015-ascends in nowadays' economy. Meanwhile regional and local economic development is far from a smooth and incremental process, instead, as Simmie and Martin (2010) notes it is the subject to all sorts of interruptions and disruptions, like periodic economic recessions, the unpredictable rise of major competitors elsewhere, unexpected plant closures, the challenges arising from technological change and like, and the state responses answering these challenges and the degree of decentralization and the adaptive capacity of territories differs to high extent even in the same national economy.…”