Theoretical study of regional potential, its essence and components

The complex of all types of resources, capabilities and characteristics that are inherent in a particular geographical area or region is a regional potential. It covers various aspects that can affect the development and well-being of a given territorial entity in economic, social and environmental terms. It is possible to achieve effective use of the region's potential only by carrying out scientifically based actions to modify regional economic systems. The article identifies approaches to the concept of the term "regional potential" and gives the author's interpretation, considers the components of regional potential, reveals the role of regional potential in ensuring the conditions for the stability of regional economic systems.