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During the last months the discussion on a strategy for the Danube Region as  a new approach for a European macro-region has been intensified,  predominantly within the area of Central and South-Eastern Europe. Evidently  the territory of the Danube Region is characterized by a divergent group of  countries concerning the process of integration and the preconditions in  geographic, economic, cultural and socio-demographic terms. Besides, the  region’s spatial development shows divergent trends causing increasing  regional disparities. Therefore, territorial cohesion - understood as  intensified functional interrelations and strategic cooperation - is  jeopardized in manifold ways. Hence, the main objective of this paper is to  discuss the basic features of a strategy aiming at strengthening the  polycentric development on different spatial levels. We start by assuming  that the development of every city (as an element of the urban system)  depends on its territorial capital and relevant assets providing location  based advantages regarding its competitiveness on different spatial levels.  Therefore we uncover what we understand as assets driving urban development.  In this context the meaning of polycentric development and the importance of  polycentric structures as an asset of a city’s territorial capital is being  revealed. Based on these conceptual considerations we examine some relevant  features of the urban polycentric system in the Danube region and finally  argue that a multilevel and evidence based approach should be evolved facing  the differences in the preconditions and already existing assets of spatial  development

Danube region strategy: Arguments for a territorial capital based multilevel approach