THE EFFECTIVENESS OF GOVERNMENT INCENTIVES TO FACILITATE AN INNOVATIVE HOUSING DELIVERY SYSTEM: THE PERSPECTIVE OF HOUSING DEVELOPERS

Nor'Aini Yusof (), Ismael Younis Abu-Jarad () and Mohd Hasanal Badree ()
Additional contact information
Nor'Aini Yusof: Universiti Sains Malaysia, 11800 Pulau Pinang, Malaysia
Ismael Younis Abu-Jarad: Universiti Sains Malaysia, 11800 Pulau Pinang, Malaysia
Mohd Hasanal Badree: Universiti Sains Malaysia, 11800 Pulau Pinang, Malaysia

Theoretical and Empirical Researches in Urban Management, 2012, vol. 7, issue 1, 55-68

Abstract: The government’s role in facilitating innovation has been widely discussed, but there is still a lack of evidence on the effectiveness of the incentives in place. The aim of the study is to identify whether incentives initiated by the Malaysian government to encourage the implementation of a new housing delivery system known as the Build Then Sell (BTS), are able to influence housing developers. Three incentives have been introduced by the government: a fast track planning approval process, a waiver of deposit for a developer’s license and an exemption for low-cost houses. Semi-structured interviews were conducted with developers and planning officers who have experience in applying or processing the incentives. The findings revealed that, the incentives are ineffective to influence the implementation of BTS by Malaysian developers. This implies that there is a need to reassess existing incentives in order to increase the implementation of BTS in Malaysia.

Keywords: incentive; innovation; housing delivery system; house developers; housing development. (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://um.ase.ro/no71/4.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rom:terumm:v:7:y:2012:i:1:p:55-68

Access Statistics for this article

Theoretical and Empirical Researches in Urban Management is currently edited by Colesca Sofia

More articles in Theoretical and Empirical Researches in Urban Management from Research Centre in Public Administration and Public Services, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Colesca Sofia ().