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- Title
A Prescriptive Model for Industrial Development.
- Authors
Hansen, Richard W.; Munsinger, Gary M.
- Abstract
Proponents of organized industrial development efforts cite economic advantages such as increase in the number of jobs, larger payrolls and greater capital investment as well as improvements in the sociocultural environment made possible by a larger, more economically healthy community. Public agencies created to foster industrial development, like many other organizations, frequently have difficulty formulating meaningful operational objectives. Professional industrial developers may be judged on their ability to demonstrate short-term payoffs-the number of jobs, the aggregate dollar value of new payrolls and so on. The industrial development agency can legitimately expand the sphere of its activity and interest beyond selling to include effecting environmental change when such activities are deemed to be economically feasible and necessary for the attainment of community goals. The study of this article concludes that the industrial development efforts of any political or geographic subdivision must be viewed in the perspective of total community goals.
- Subjects
INDUSTRIALIZATION; ECONOMIC development; COMMUNITIES; EMPLOYMENT; CAPITAL investments; PAYROLLS; GOAL (Psychology); GOVERNMENT agencies; SOCIOCULTURAL factors
- Publication
Land Economics, 1972, Vol 48, Issue 1, p76
- ISSN
0023-7639
- Publication type
Article
- DOI
10.2307/3145645