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Spotlight on Research: The Role of Small Businesses in Commercial Corridor Revitalization

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  • Marvin M. Smith

Abstract

Revitalizing the commercial sector in inner-city neighborhoods that have deteriorated is fraught with issues concerning, among others, the appropriate retail mix and location of establishments, as well as the impact of such efforts on residents and consumers. A key decision is who will serve as the prime mover for the revitalization activities. An article by Stacey Sutton takes a slightly unorthodox view by suggesting that small business owners are underexplored stakeholders who could spearhead a retail restructuring campaign. The following is a summary of the case she makes to support this contention.

Suggested Citation

  • Marvin M. Smith, 2015. "Spotlight on Research: The Role of Small Businesses in Commercial Corridor Revitalization," Cascade, Federal Reserve Bank of Philadelphia, vol. 3, July.
    • Handle: RePEc:fip:fedpca:0048
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    File URL: https://www.philadelphiafed.org/community-development/spotlight-on-research-the-role-of-small-businesses-in-commercial-corridor-revitalization
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