Common Interest Development and the Changing Roles of Government and Market in Planning

Simon C. Y. Chen

Urban Studies, 2011, vol. 48, issue 16, 3599-3612

Abstract: World-wide, common interest development (CID) and its governance, homeowners’ associations (HOAs), are developing rapidly. However, numerous conflicts have given rise to the need to redefine governmental and market roles in current HOA governance. This paper examines the successful development of the NangKang Software Park (NKSP) in Taiwan and draws conclusions for alternative government and other parties involved in neighbourhood management. There are several factors contributing to NKSP’s success, one being early governmental participation in the institutional design, which assisted in minimising potential conflicts. Another is NKSP’s external property management company, whose rent-seeking incentives were hindered through market competition. A third element of NKSP’s success was its HOA’s human resource management in its industrial neighbourhood. The results from this study suggest that HOA governance may be very suitable for industrial districts and may also provide a globally applicable solution for CID and HOA development.

Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0042098010394687 (text/html)

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:sae:urbstu:v:48:y:2011:i:16:p:3599-3612

DOI: 10.1177/0042098010394687

Access Statistics for this article

More articles in Urban Studies from Urban Studies Journal Limited
Bibliographic data for series maintained by SAGE Publications ().