Agglomeration economies in the neighbourhood? Evidence from German cities
Uwe Neumann (),
Helmut Geißler and
EconStor Open Access Articles and Book Chapters, 2013, 51-65
In urban renewal policy, it has become a widespread goal to revitalise neighbourhood economies. The rationale for these measures derives, to a great extent, from the concept of regional economic clusters, and, not surprisingly, one of their key objectives is to activate local inter-firm cooperation. This article examines the neighbourhood-related requirements and commitment of small firms. It draws on the results of a case study incorporating five German cities in which the neighbourhood-oriented applicability of economic policy was put to the test. As expected, it is unlikely for most small enterprises in urban renewal areas to engage in inter-firm cooperation focusing on the transfer of highly specialised knowledge. However, many small firms in inner city quarters appreciate neighbourhood characteristics as important location factors, and willingness to support local improvement efforts is relatively high, particularly among firms which operate successfully. The study suggests that there is a case for public policy to encourage small firms to participate in neighbourhood-based initiatives.
Keywords: local economic policy; neighbourhood; networks; small firms (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://www.econstor.eu/bitstream/10419/122981/1/N ... %20neighbourhood.pdf (application/pdf)
Journal Article: Agglomeration economies in the neighbourhood? Evidence from German cities (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:zbw:espost:122981
Access Statistics for this article
More articles in EconStor Open Access Articles and Book Chapters from ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().