IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v142y2019icp249-257.html
   My bibliography  Save this article

Heuristic for the localization of new shops based on business and social criteria

Author

Listed:
  • Grimaldi, Didier
  • Fernandez, Vicenc
  • Carrasco, Carlos

Abstract

The last financial crisis and the globalisation of the retail industry resulted to a massive close of local shops which leads to an important proportion of unoccupied space in the city. The desertification of the urban economic environment is not only a business issue discouraging the potential investments but also a social problem of security or quality of urban life. Different solutions exist: from the top-down and historical approach based on subsidies to the bottom-up and its different options: the urban entrepreneurship or a more temporary form called successively ‘pop-up’, ‘second-hand’ or ‘urban pioneers’. Nevertheless, all these solutions have in common that the location is an important criteria to achieve a market-led regeneration of the city. Our paper consists on developing a heuristic that prioritises the opening of new shops amongst the void locations based on a business and social criteria. Our results corroborate the convergence of the social, business and technology sciences. They provide a method and a tool for the city managers to monitor and manage the opening of new shops. Included in the policy of the smart city, they allow to decrease the risks of uniformity, ‘mono-business activity’ and gentrification of the neighbourhood.

Suggested Citation

  • Grimaldi, Didier & Fernandez, Vicenc & Carrasco, Carlos, 2019. "Heuristic for the localization of new shops based on business and social criteria," Technological Forecasting and Social Change, Elsevier, vol. 142(C), pages 249-257.
  • Handle: RePEc:eee:tefoso:v:142:y:2019:i:c:p:249-257
    DOI: 10.1016/j.techfore.2018.07.034
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162517312271
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.techfore.2018.07.034?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Chris Richter & Sascha Kraus & Pasi Syrjä, 2015. "The Smart City as an opportunity for entrepreneurship," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 7(3), pages 211-226.
    2. Kolympiris, Christos & Kalaitzandonakes, Nicholas & Miller, Douglas, 2015. "Location choice of academic entrepreneurs: Evidence from the US biotechnology industry," Journal of Business Venturing, Elsevier, vol. 30(2), pages 227-254.
    3. Michael E. Porter, 1991. "Towards a dynamic theory of strategy," Strategic Management Journal, Wiley Blackwell, vol. 12(S2), pages 95-117, December.
    4. Robert G. Hollands, 2008. "Will the real smart city please stand up?," City, Taylor & Francis Journals, vol. 12(3), pages 303-320, December.
    5. Caragliu, A. & Del Bo, C. & Nijkamp, P., 2009. "Smart cities in Europe," Serie Research Memoranda 0048, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    6. repec:mpr:mprres:4373 is not listed on IDEAS
    7. Fran Tonkiss, 2013. "Austerity urbanism and the makeshift city," City, Taylor & Francis Journals, vol. 17(3), pages 312-324, June.
    8. Alasdair Turner, 2007. "From Axial to Road-Centre Lines: A New Representation for Space Syntax and a New Model of Route Choice for Transport Network Analysis," Environment and Planning B, , vol. 34(3), pages 539-555, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Shadi Shayan & Ki Pyung Kim & Tony Ma & Tan Hai Dang Nguyen, 2020. "The First Two Decades of Smart City Research from a Risk Perspective," Sustainability, MDPI, vol. 12(21), pages 1-20, November.
    2. An, Zihao & Xie, Bo & Liu, Qiyang, 2023. "No street is an Island: Street network morphologies and traffic safety," Transport Policy, Elsevier, vol. 141(C), pages 167-181.
    3. Angelo Leogrande & Alessandro Massaro & Maurizio Galiano, 2020. "The Location of Superstores in Italy: A Metric Approach," International Journal of Business and Management, International Institute of Social and Economic Sciences, vol. 8(1), pages 35-64, May.
    4. Celso Machado Júnior & Daielly Melina Nassif Mantovani Ribeiro & Adriana Backx Noronha Viana & Cristiane Jaciara Furlaneto, 2021. "The development of cities supported by communication and information technologies," Estudios Gerenciales, Universidad Icesi, vol. 37(161), pages 657-667, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tuba Bakıcı & Esteve Almirall & Jonathan Wareham, 2013. "A Smart City Initiative: the Case of Barcelona," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 4(2), pages 135-148, June.
    2. De Santis, Roberta & Fasano, Alessandra & Mignolli, Nadia & Villa, Anna, 2014. "Smart city: fact and fiction," MPRA Paper 54536, University Library of Munich, Germany.
    3. Enrico di Bella & Matteo Corsi & Lucia Leporatti, 2015. "A Multi-indicator Approach for Smart Security Policy Making," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 122(3), pages 653-675, July.
    4. Kamila Borsekova & Katarina Petrikova & Anna Vanova, 2015. "Building of smart cities in specific conditions of transitional economies," ERSA conference papers ersa15p1030, European Regional Science Association.
    5. Diogo Correia & Leonor Teixeira & João Lourenço Marques, 2021. "Reviewing the State-of-the-Art of Smart Cities in Portugal: Evidence Based on Content Analysis of a Portuguese Magazine," Publications, MDPI, vol. 9(4), pages 1-30, October.
    6. Walravens, Nils, 2015. "Qualitative indicators for smart city business models: The case of mobile services and applications," Telecommunications Policy, Elsevier, vol. 39(3), pages 218-240.
    7. Walravens, Nils, 2014. "A critical exploration of the Brussels app economy and mobile city services scene," 25th European Regional ITS Conference, Brussels 2014 101383, International Telecommunications Society (ITS).
    8. Lim Seng BOON & Jalaluddin Abdul MALEK & Mohd Yusof HUSSAIN & Zurinah TAHIR, 2020. "Understanding the trends and characteristics of smart urbanism across continents," Smart Cities and Regional Development (SCRD) Journal, Smart-EDU Hub, vol. 4(1), pages 23-35, March.
    9. Francesco Schiavone & Francesco Paolo Appio & Luca Mora & Marcello Risitano, 2020. "The strategic, organizational, and entrepreneurial evolution of smart cities," International Entrepreneurship and Management Journal, Springer, vol. 16(4), pages 1155-1165, December.
    10. Ferraris, Alberto & Belyaeva, Zhanna & Bresciani, Stefano, 2020. "The role of universities in the Smart City innovation: Multistakeholder integration and engagement perspectives," Journal of Business Research, Elsevier, vol. 119(C), pages 163-171.
    11. Roberta De Santis & Alessandra Fasano & Nadia Mignolli & Anna Villa, 2015. "A primer on city "smartness" measurement," RIVISTA DI ECONOMIA E STATISTICA DEL TERRITORIO, FrancoAngeli Editore, vol. 2015(2), pages 34-51.
    12. Parul Gupta & Sumedha Chauhan & M. P. Jaiswal, 2019. "Classification of Smart City Research - a Descriptive Literature Review and Future Research Agenda," Information Systems Frontiers, Springer, vol. 21(3), pages 661-685, June.
    13. Kyunam Kim & Jung-Kyu Jung & Jae Young Choi, 2016. "Impact of the Smart City Industry on the Korean National Economy: Input-Output Analysis," Sustainability, MDPI, vol. 8(7), pages 1-19, July.
    14. María Verónica Alderete, 2020. "Exploring the Smart City Indexes and the Role of Macro Factors for Measuring Cities Smartness," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 147(2), pages 567-589, January.
    15. Alberto Ferraris & Gabriele Santoro & Anna Claudia Pellicelli, 2020. "“Openness” of public governments in smart cities: removing the barriers for innovation and entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 16(4), pages 1259-1280, December.
    16. Amel Attour & Alain Rallet, 2014. "Le rôle des territoires dans le développement des systèmes trans-sectoriels d'innovation locaux : le cas des smart cities," Innovations, De Boeck Université, vol. 0(1), pages 253-279.
    17. Mora, Luca & Deakin, Mark & Reid, Alasdair, 2019. "Combining co-citation clustering and text-based analysis to reveal the main development paths of smart cities," Technological Forecasting and Social Change, Elsevier, vol. 142(C), pages 56-69.
    18. Desdemoustier, Jonathan & Crutzen, Nathalie & Giffinger, Rudolf, 2019. "Municipalities' understanding of the Smart City concept: An exploratory analysis in Belgium," Technological Forecasting and Social Change, Elsevier, vol. 142(C), pages 129-141.
    19. Rita Lamboglia & Daniela Mancini & Francesco Paolone, 2018. "A Roadmap for Performance Measurement in Smarter Universities," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2018(2 Suppl.), pages 113-133.
    20. Dorel N Manitiu & Giulio Pedrini, 2015. "Smart and sustainable cities in the European Union. An ex ante assessment of environmental, social, and cultural domains," SEEDS Working Papers 1315, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Jul 2015.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:tefoso:v:142:y:2019:i:c:p:249-257. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/00401625 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.