What places bait investments? Urban management stance

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F22%3A43921778" target="_blank" >RIV/62156489:43310/22:43921778 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.2478/geosc-2022-0002" target="_blank" >https://doi.org/10.2478/geosc-2022-0002</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.2478/geosc-2022-0002" target="_blank" >10.2478/geosc-2022-0002</a>

Jazyk výsledku

angličtina

Název v původním jazyce

What places bait investments? Urban management stance

Popis výsledku v původním jazyce

There are only little doubts that territorial competition related to attracting new investments is getting increasingly severe. This competition is closely connected with the wide spectrum of location factors that bear economic as well as social and environmental dimensions. While some of these factors are barely manageable, majority of them can be actively shaped via policies of different kinds and scales. Not surprisingly, intense differentiation applying to both time and spatial perspectives is concomitant to afore mentioned factors. The main objective of this article consists in the analysis and assessment of location factors and mechanisms offered by the managements of Czech towns to potential investors. At the same time, we will examine which location factors and mechanisms these towns regard as important for individual investors. As it turned out, the investment environment in Czechia cannot be considered entirely standard from international perspective, which subsequently rises transaction costs involved in investment location. Highlights for public administration, management and planning: In nearly one half of investigated Czech towns, there are no systemic standardized procedures how to deal with a new investor. There are distinct differences between average evaluations of location factors towns consider as important for investment preferences and average evaluations of location factors provided by towns to investors. When attracting new investors, towns rely primarily on their own endogenous activities. Individual towns should modify their communication with investors during covid/post-covid times.

Název v anglickém jazyce

What places bait investments? Urban management stance

Popis výsledku anglicky

There are only little doubts that territorial competition related to attracting new investments is getting increasingly severe. This competition is closely connected with the wide spectrum of location factors that bear economic as well as social and environmental dimensions. While some of these factors are barely manageable, majority of them can be actively shaped via policies of different kinds and scales. Not surprisingly, intense differentiation applying to both time and spatial perspectives is concomitant to afore mentioned factors. The main objective of this article consists in the analysis and assessment of location factors and mechanisms offered by the managements of Czech towns to potential investors. At the same time, we will examine which location factors and mechanisms these towns regard as important for individual investors. As it turned out, the investment environment in Czechia cannot be considered entirely standard from international perspective, which subsequently rises transaction costs involved in investment location. Highlights for public administration, management and planning: In nearly one half of investigated Czech towns, there are no systemic standardized procedures how to deal with a new investor. There are distinct differences between average evaluations of location factors towns consider as important for investment preferences and average evaluations of location factors provided by towns to investors. When attracting new investors, towns rely primarily on their own endogenous activities. Individual towns should modify their communication with investors during covid/post-covid times.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50701 - Cultural and economic geography

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2022

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

GeoScape

ISSN

1802-1115

e-ISSN

1802-1115

Svazek periodika

16

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

7

Strana od-do

15-21

Kód UT WoS článku

000824849100002

EID výsledku v databázi Scopus

2-s2.0-85134483097