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Strategic collaboration: Examining the possibilities of cooperation among local economic developers.

Source :
Geography Compass. Feb2022, Vol. 16 Issue 2, p1-10. 10p.
Publication Year :
2022

Abstract

Site selection processes whereby companies choose a location for an expansion or relocation have changed substantially over the past several decades. One key shift has been the emergence of collaboration among both individual economic developers and cooperation among the communities they represent. The rise in collaborative practices has also been increasingly reflected in the contemporary economic development literature outside the discipline of geography. The aim of this paper is to provide an overview of economic development studies of collaboration and then to suggest ways that geographers might use concepts from that scholarship to inform and extend the limited number of studies exploring site selection practices. The paper begins by offering a context for the emergence of collaboration trends by highlighting the ways that information asymmetry in site selection processes create a demand for greater collaboration among industry practitioners. It then turns to an overview of the burgeoning literature on collaboration that has evolved over the last decade in the interdisciplinary scholarship on economic development. Next, the paper shifts to a discussion of the ways that geographers might use the literature on collaboration to inform studies of site selection, specifically focusing on geographic scale and research on site selection consultants as possible areas for future investigation. The article concludes by arguing that studying collaboration in the context of geographies of site selection holds the potential for greater insights into the broader outcomes of economic development. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
17498198
Volume :
16
Issue :
2
Database :
Academic Search Index
Journal :
Geography Compass
Publication Type :
Academic Journal
Accession number :
155283178
Full Text :
https://doi.org/10.1111/gec3.12610