Abstract
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.
| Original language | English |
|---|---|
| Pages (from-to) | 125-138 |
| Number of pages | 14 |
| Journal | Sustainable Cities and Society |
| Volume | 13 |
| DOIs | |
| Publication status | Published - 2014 |
| Externally published | Yes |
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Keywords
- Cleantech firms
- Location preferences
- Low carbon cities
ASJC Scopus subject areas
- Geography, Planning and Development
- Transportation
- Civil and Structural Engineering
- Renewable Energy, Sustainability and the Environment
Cite this
Are low carbon cities attractive to cleantech firms? Empirical evidence from a survey. / Kapsalyamova, Zhanna; Mezher, Toufic; Al Hosany, Nawal; Tsai, I. Tsung.
In: Sustainable Cities and Society, Vol. 13, 2014, p. 125-138.Research output: Contribution to journal › Article
}
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
PY - 2014
Y1 - 2014
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 -