TY - JOUR
T1 - Are low carbon cities attractive to cleantech firms? Empirical evidence from a survey
AU - Kapsalyamova, Zhanna
AU - Mezher, Toufic
AU - Al Hosany, Nawal
AU - Tsai, I. Tsung
N1 - Funding Information:
In the context of this study, the demand for cleantech products prevails in low carbon cities so the market driver is likely to affect the business expansion decision for cleantech firms to low carbon cities. Public financial support is also actively provided by the existing low carbon cities to mobilize the business establishment. In summary, the demand characteristics of cleantech products and the availability of public financial support are likely to make a low carbon city a desired business expansion destination for cleantech firms following the location theory.
Copyright:
Copyright 2018 Elsevier B.V., All rights reserved.
PY - 2014/10
Y1 - 2014/10
N2 - This paper explores the business attractiveness of low carbon cities using a survey on cleantech firms. The results show that cleantech firms indicate neutral interest in developing physical presence in low carbon cities, even though they perceive positive effects of low carbon urban features on resident productivity and health. Business conditions that affect operating costs tend to have greater influences than market access factors, which are associated with the supply and demand of factors of production, on firms' decisions to relocate to low carbon cities. Conventional policies such as intellectual property rights protection and the development of intellectual clusters remain critical in incentivizing research and development in low carbon technology in low carbon cities. In summary, the low carbon features of a city do not appear to have major advantages in attracting cleantech companies. The diffusion of low carbon cities is likely to be driven by public environmental policies rather than corporate demand in the near future.
AB - This paper explores the business attractiveness of low carbon cities using a survey on cleantech firms. The results show that cleantech firms indicate neutral interest in developing physical presence in low carbon cities, even though they perceive positive effects of low carbon urban features on resident productivity and health. Business conditions that affect operating costs tend to have greater influences than market access factors, which are associated with the supply and demand of factors of production, on firms' decisions to relocate to low carbon cities. Conventional policies such as intellectual property rights protection and the development of intellectual clusters remain critical in incentivizing research and development in low carbon technology in low carbon cities. In summary, the low carbon features of a city do not appear to have major advantages in attracting cleantech companies. The diffusion of low carbon cities is likely to be driven by public environmental policies rather than corporate demand in the near future.
KW - Cleantech firms
KW - Location preferences
KW - Low carbon cities
UR - http://www.scopus.com/inward/record.url?scp=84904288391&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84904288391&partnerID=8YFLogxK
U2 - 10.1016/j.scs.2014.05.005
DO - 10.1016/j.scs.2014.05.005
M3 - Article
AN - SCOPUS:84904288391
VL - 13
SP - 125
EP - 138
JO - Sustainable Cities and Society
JF - Sustainable Cities and Society
SN - 2210-6707
ER -
