Techs and the Cities
A New Economic Development Paradigm
Bibliographic Data
| ID | 22018029 |
|---|---|
| Authors | Gary Sands (Wayne State University), Pierre Filion (0000-0002-7538-6441, University of Waterloo), Laura A Reese (0000-0003-4217-970X, Michigan State University) |
| Year | 2020 |
| Volume | 5 |
| Issue | 3 |
| Pages | 392-402 |
| Publication date | 2020-09-29 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Urban Planning (JOURNAL) |
| Journal identifiers | ISSN: 2183-7635 • E-ISSN: 2183-7635 |
| Publisher | Cogitatio (PUBLISHER • PT) |
| DOI | 10.17645/up.v5i3.2986 |
| OpenAlex | W3090100902 |
| Language | EN |
| Citations received | 1 |
| References cited | 13 |
Large technology firms pose new challenges for local economic development in the 21st century. They are attractive targets for local economic developers because they have the potential of providing permanent, well-paying jobs. This article examines two mega-economic development deals. Amazon’s proposed second headquarters in Queens and Sidewalk Labs’ Quayside proposal for the Toronto waterfront pit large and prosperous Big Tech firms against local governments with healthy economies. Amazon abandoned the New York City site it had chosen, rather than open new negotiations with local officials and citizens. Sidewalk Labs withdrew from the Quayside proposal after two and a half years of negotiation focusing mostly on the size of the proposed development. Although the potential benefits may be substantial, incentivizing Big Tech’s location decisions may be well beyond the means of most cities, especially those with distressed economies
Amazon rainforest · Business · Economic growth · Economics · Geography · Local Development · Local economic development · Negotiation · Political science · Regional science · Global Urban Networks and Dynamics · ICT Impact and Policies · Regional Economics and Spatial Analysis
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,17 |
| Citation span | 2020 - 2020 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |