IDEAS home Printed from https://ideas.repec.org/a/sae/ecdequ/v11y1997i1p11-27.html
   My bibliography  Save this article

New Strategies for Inner-City Economic Development

Author

Listed:
  • Michael E. Porter

    (Harvard Business School/Initiative for a Competitive Inner City)

Abstract

Revitalizing America's inner cities requires an economic strategy to build viable businesses that can provide sorely needed, nearby employment opportunities. Economic development in inner cities will come only from recognizing the potential advantages of an inner-city location and building on the base of existing companies, while dealing frontally with the present disadvantages of inner cities as business locations. The economic potential in inner cities has been largely unrecognized and untapped. The private sector, which must play a central role in inner-city economic development, is just beginning to recognize this potential and has already begun investing. By improving perceptions and tackling long-neglected problems in the inner-city business environment, this trend can be accelerated. Government and community-based organizations have continuing, vital roles, but their efforts must be refocused from direct intervention to preparing and training the inner-city workforce and creating a favorable environment for business.

Suggested Citation

  • Michael E. Porter, 1997. "New Strategies for Inner-City Economic Development," Economic Development Quarterly, , vol. 11(1), pages 11-27, February.
    • Handle: RePEc:sae:ecdequ:v:11:y:1997:i:1:p:11-27
    DOI: 10.1177/089124249701100102
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/089124249701100102
    Download Restriction: no
    File URL: https://libkey.io/10.1177/089124249701100102?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
    ---><---

    Citations

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


    Cited by:

    1. Sara C. Santos Cruz & Aurora A.C. Teixeira, 2007. "A new look into the evolution of clusters literature. A bibliometric exercise," FEP Working Papers 257, Universidade do Porto, Faculdade de Economia do Porto.
    2. Murakami, Jin, 2010. "The Transit-Oriented Global Centers for Competitiveness and Livability: State Strategies and Market Responses in Asia," University of California Transportation Center, Working Papers qt44g9t8mj, University of California Transportation Center.
    3. Bates, Timothy & Robb, Alicia, 2008. "Analysis of young neighborhood firms serving urban minority clients," Journal of Economics and Business, Elsevier, vol. 60(1-2), pages 139-148.
    4. Murakami, Jin, 2010. "The Transit-Oriented Global Centers for Competitiveness and Livability: State Strategies and Market Responses in Asia," University of California Transportation Center, Working Papers qt19034785, University of California Transportation Center.
    5. Waldorf, Brigitte S., 2007. "The Effects Of Rurality And Industrial Specialization Income Growth: U.S. Counties 2000 To 2003," Working papers 7334, Purdue University, Department of Agricultural Economics.
    6. Daniel Felsenstein & Aliza Fleischer & Adi Sidi, 1998. "Market failure and the estimation of subsidy size in a regional entrepreneurship programme," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 10(2), pages 151-165, January.
    7. George Saridakis & Anne-Marie Mohammed & Sandra Sookram, 2015. "Does Crime Affect Firm Innovation? Evidence from Trinidad and Tobago," Economics Bulletin, AccessEcon, vol. 35(2), pages 1205-1215.
    8. Christopher Behrer & Colleen Kamen, 2012. "Navigating uncertainty and growing jobs: considering small employer firm resilience during challenging economic times," Community Development Working Paper 2012-06, Federal Reserve Bank of San Francisco.
    9. Michael Darger & Alan Barefield & Brent D. Hales, 2017. "Business retention and expansion (BRE) today – research, application, and evaluation: Introduction to the special issue," Community Development, Taylor & Francis Journals, vol. 48(2), pages 160-169, March.
    10. Timothy Bates, 2006. "Alleviating the lagging performance of economically depressed communities and regions," Proceedings: Community Affairs Dept. Conferences, Federal Reserve Bank of Kansas City, issue Jul, pages 1-16.
    11. Ke Li & Chihning Chu & Derfang Hung & Chauchyun Chang & Songlin Li, 2010. "Industrial Cluster, Network And Production Value Chain: A New Framework For Industrial Development Based On Specialization And Division Of Labour," Pacific Economic Review, Wiley Blackwell, vol. 15(5), pages 596-619, December.
    12. Cuervo-Cazurra, Álvaro & de Holan, Pablo Martin & Sanz, Luis, 2014. "Location advantage: Emergent and guided co-evolutions," Journal of Business Research, Elsevier, vol. 67(4), pages 508-515.
    13. Ledenyov, Dimitri O. & Ledenyov, Viktor O., 2015. "Wave function method to forecast foreign currencies exchange rates at ultra high frequency electronic trading in foreign currencies exchange markets," MPRA Paper 67470, University Library of Munich, Germany.

    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:sae:ecdequ:v:11:y:1997:i:1:p:11-27. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: SAGE Publications (email available below). General contact details of provider: .

    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.