“…However, solutions for responding to this concern cannot be universally applied. Businesses and their employees are developed on a regional scale (Arbo & Benneworth, 2007;Hayter, 1997;Porter, 2000). Regional economies are primarily responsible for the execution and development of the pillars, such as infrastructure, health of residents, primary and higher education, and business sophistication and innovation, described by the World Economic Forum (2015), because they are a product of institutions and policies (Hayter, 1997;Porter, 2000).…”