IDEAS home Printed from https://ideas.repec.org/a/sae/ecdequ/v24y2010i1p87-96.html
   My bibliography  Save this article

“Can We Seal the Deal?†: An Examination of Uncertainty in the Development Process

Author

Listed:
  • Shelley McDonough Kimelberg

    (Northeastern University, Boston, MA, USA, s.kimelberg@neu.edu)

Abstract

Studies of firm location decisions suggest that an organization’s desire to reduce the uncertainty associated with operating in a new or unfamiliar location plays a role in determining where it will choose to locate. To date, however, little attention has been paid to the experience of uncertainty in the preoperational phase (i.e., during the development process). When the development process in a given municipality is rife with ambiguity or unpredictability, it may deter firms from moving there, even if the location is attractive on the basis of its long-term operating economics. This study draws on in-depth interviews to explore how real estate professionals experience uncertainty while navigating the development process. The findings reveal that real estate professionals’ conceptualizations of uncertainty reflect five related, but distinct, themes: municipal support, community opposition, process, cost, and feasibility.

Suggested Citation

  • Shelley McDonough Kimelberg, 2010. "“Can We Seal the Deal?†: An Examination of Uncertainty in the Development Process," Economic Development Quarterly, , vol. 24(1), pages 87-96, February.
  • Handle: RePEc:sae:ecdequ:v:24:y:2010:i:1:p:87-96
    as

    Download full text from publisher

    File URL: http://edq.sagepub.com/content/24/1/87.abstract
    Download Restriction: no

    Citations

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


    Cited by:

    1. Shelley M. Kimelberg & Elizabeth Williams, 2013. "Evaluating the Importance of Business Location Factors: The Influence of Facility Type," Growth and Change, Wiley Blackwell, vol. 44(1), pages 92-117, March.

    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:24:y:2010:i:1:p:87-96. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SAGE Publications). General contact details of provider: .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.