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Targeting Economic Development

An Examination of the Needs of Small Businesses

Bibliographic Data

ID4041831
AuthorsJohn E Seley (corresponding author)
Year1981
Volume57
Issue1
Pages34
Publication date1981-01-01
Open AccessNo
TypeARTICLE
VenueEconomic Geography (JOURNAL)
Journal identifiersISSN: 0013-0095 • E-ISSN: 1944-8287
PublisherJSTOR (PUBLISHER)
DOI10.2307/144223
OpenAlexW2312430449
LanguageEN
Citations received4
References cited2

States have adopted a range of incentives to encourage small business retention and expansion. These include industrial development bonds, tax credits for employment or building programs, and large-scale development to improve infrastructure systems. The effectiveness of such strategies has not been examined carefully. One approach, utilized in this study, is to survey small businesses to determine their perceived needs and reactions to incentives. It is discovered that small businesses in a metropolitan setting require better public services—especially crime protection, sanitation, transportation, and lower energy costs—which are generally not addressed by economic development programs. Thus, this study concludes that incentives need to be targeted more directly to the expressed and observed needs of small businesses in order to provide a more optimal benefit-cost relationship between incentives and growth

Business · Economic growth · Economics · Fiscal Policy and Economic Growth · Marketing

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Citations per year0.09
Citation span1983 - 2019 (37)
Highly citedNo

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