Can local government impact transaction costs of enterprises?

Anna Mempel-Śnieżyk (), Niki Derlukiewicz (), Tomasz Pilewicz () and Małgorzata Zdon-Korzeniowska ()
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Anna Mempel-Śnieżyk: Wroclaw Uniwersity of Economics and Business, Poland
Niki Derlukiewicz: Wroclaw Uniwersity of Economics and Business, Poland
Tomasz Pilewicz: SGH Warsaw School of Economics, Poland
Małgorzata Zdon-Korzeniowska: Pedagogical University of Cracow, Poland

Entrepreneurship and Sustainability Issues, 2020, vol. 7, issue 3, 1612-1631

Abstract: The paper raise the issue of theoretical aspects of local development and transaction costs. The main aim of the paper was to identify investment incentives offered by the local government and to recognize their importance in reducing enterprise transaction costs. The article discuss the findings on the enterprise transaction costs in the relation to the local governments and their potential investment attractiveness. To this end the correlation between potential investemnent attractiveness of local governments and their investment incentives offer was analysed. Authors presented the results of the research conducted in Poland regarding investment incentives offered at the local level. Moreover, a typology of investment incentives (financial and non-financial) offered by the local government, which can result in reducing the enterprise TCs, were pointed out.

Keywords: entrepreneurship; local government; transaction cost; investment incentives; investment attractiveness; Poland (search for similar items in EconPapers)
JEL-codes: D23 H11 H70 H80 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:7:y:2020:i:3:p:1612-1631

DOI: 10.9770/jesi.2020.7.3(13)

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