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- Title
innovation in economic DEVELOPMENT.
- Authors
Grady, John
- Abstract
The article focuses on the engagement of Philadelphia Industrial Development Corp. (PIDC) in the economic development in Philadelphia, Pennsylvania. The investments of PIDC serve to diversify the economic base and improve the quality of life for businesses and residents. Moreover, PIDC used internal funds for the creation of the Emerging Business Loan Program which offers capital that was secured by specific contract receivables. It discusses the innovative ways of PIDC to reposition land.
- Subjects
PHILADELPHIA Industrial Development Corp.; ECONOMIC development; QUALITY of life; COMMERCIAL loans; INNOVATIONS in business; PORTFOLIO diversification; MARKET repositioning
- Publication
Economic Development Journal, 2013, Vol 12, Issue 2, p13
- ISSN
1539-1922
- Publication type
Article