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Risky business: An examination of fi...

McDonough, Shelley Anne.

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Risky business: An examination of firm location decisions and their implications for inner cities.

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Risky business: An examination of firm location decisions and their implications for inner cities./
Author:	McDonough, Shelley Anne.
Description:	178 p.
Notes:	Source: Dissertation Abstracts International, Volume: 68-05, Section: A, page: 2194.
Contained By:	Dissertation Abstracts International68-05A.
Subject:	Geography. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3265038
ISBN:	9780549043003

Risky business: An examination of firm location decisions and their implications for inner cities.
McDonough, Shelley Anne.

Risky business: An examination of firm location decisions and their implications for inner cities. - 178 p.

Source: Dissertation Abstracts International, Volume: 68-05, Section: A, page: 2194.

Thesis (Ph.D.)--Harvard University, 2007.

This dissertation examines the issue of firm location---i.e., how employers decide where to locate a business---and its implications for the availability of jobs in the inner city. While sociologists have noted the effects of insufficient employment on urban individuals and communities, and highlighted the macroeconomic forces thought to cause these demand deficiencies, they have had little to say about how and why individual firms decide to locate where they do. This is a crucial piece of the puzzle, for it is the individual firm that will ultimately provide a job for an inner city resident. If firms won't move to certain locations, the options for residents may be limited. The extant literature identifies many discrete factors associated with location outcomes, but does not provide much purchase on why these factors matter, or what the location decision process looks like. This dissertation makes use of new survey data and in-depth interviews to explore three questions: (1) Which factors seem to matter most in the location decision? (2) Why do these factors matter? (3) What can we learn about the implications of (1) and (2) for urban areas? The study confirms the importance of labor availability, transportation, and rents, but deemphasizes the significance of other factors frequently cited in econometric approaches to location theory. A key finding concerns the desire of real estate professionals to minimize the short-term risks in the development process. Specifically, decision makers seek to avoid locations where the upfront permitting and regulatory processes are uncertain, even when those locations are economically attractive in the long run. As a consequence, the complexities of the development process in many urban municipalities can make firms reluctant to take their chances there. Some implications of these findings for sociological theory and public policy are discussed.

ISBN: 9780549043003Subjects--Topical Terms:

524010
Geography.

Risky business: An examination of firm location decisions and their implications for inner cities.
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100 1 $a McDonough, Shelley Anne. $3 1267546
245 1 0 $a Risky business: An examination of firm location decisions and their implications for inner cities.
300 $a 178 p.
500 $a Source: Dissertation Abstracts International, Volume: 68-05, Section: A, page: 2194.
502 $a Thesis (Ph.D.)--Harvard University, 2007.
520 $a This dissertation examines the issue of firm location---i.e., how employers decide where to locate a business---and its implications for the availability of jobs in the inner city. While sociologists have noted the effects of insufficient employment on urban individuals and communities, and highlighted the macroeconomic forces thought to cause these demand deficiencies, they have had little to say about how and why individual firms decide to locate where they do. This is a crucial piece of the puzzle, for it is the individual firm that will ultimately provide a job for an inner city resident. If firms won't move to certain locations, the options for residents may be limited. The extant literature identifies many discrete factors associated with location outcomes, but does not provide much purchase on why these factors matter, or what the location decision process looks like. This dissertation makes use of new survey data and in-depth interviews to explore three questions: (1) Which factors seem to matter most in the location decision? (2) Why do these factors matter? (3) What can we learn about the implications of (1) and (2) for urban areas? The study confirms the importance of labor availability, transportation, and rents, but deemphasizes the significance of other factors frequently cited in econometric approaches to location theory. A key finding concerns the desire of real estate professionals to minimize the short-term risks in the development process. Specifically, decision makers seek to avoid locations where the upfront permitting and regulatory processes are uncertain, even when those locations are economically attractive in the long run. As a consequence, the complexities of the development process in many urban municipalities can make firms reluctant to take their chances there. Some implications of these findings for sociological theory and public policy are discussed.
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650 4 $a Sociology, Industrial and Labor Relations. $3 1017858
650 4 $a Sociology, Organizational. $3 1018023
650 4 $a Sociology, Public and Social Welfare. $3 1017909
650 4 $a Urban and Regional Planning. $3 1017841
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