The article describes the specifics of the socio-economic autonomous region of Navarra (Spain), and characterizes functioning of business environment institutions that influence region’s development. Location of the region and its rich history affects modern high economic position of the region against the background of the country. The article presentsexisting model of interaction between various regional institutions and presents implemented plans to modernize the regional economy. It was found that cooperation of business sector, academic and business institutions, together with local authorities may be a determinant which stimulates regional development.The article refers to particular activities of the regional administration resulting from the implementation of technological plans and development strategy until 2030. There are also references to economic sectors considered fundamental for the region as well as there is a presentation of the region’s contemporary position against Spain using a few selected economic indicators.
