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Innovation In Urban Revitalization Programs In The Region Of Warmia And Mazury

Author

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  • Eliza Farelnik

    (Department of Macroeconomics University of Warmia and Mazury in Olsztyn)

Abstract

The objective of this study was to describe the level of innovation in urban revitalization projects in the Region of Warmia and Mazury and to determine whether urban renewal projects foster a supportive climate for business innovation in the region. Most revitalization programs rely on the following innovative solutions: new sources of financing, creativity of the operator supervising the revitalization process, novel methods for soliciting the local community’s support for urban renewal projects, and the establishment of technology parks that foster business innovation. Revitalization projects stimulate innovation among local entrepreneurs and residents, they promote urban development based on a local innovation system, knowledge and social capital, and encourage the implementation of the smart city model where innovations are diffused from a revitalized area to other parts of the city.

Suggested Citation

  • Eliza Farelnik, 2015. "Innovation In Urban Revitalization Programs In The Region Of Warmia And Mazury," OLSZTYN ECONOMIC JOURNAL, University of Warmia and Mazury in Olsztyn, Faculty of Economic Sciences, vol. 10(1), pages 85-95, February.
    • Handle: RePEc:ole:journl:v:10:y:2015:i:1:p:85-95
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    File URL: http://www.uwm.edu.pl/wne/podstrony/oej1/wydania/eko10_15_1.pdf
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    More about this item

    Keywords

    innovation; urban revitalization; urban development;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • E0 - Macroeconomics and Monetary Economics - - General

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