Abstract
In this paper, “territorial competition” is understood to include the formation of policies designed to promote local economic development, often explicitly, but certainly implicitly, in competition with other territories. It is, above all, local in its inspiration and origin. While it may—indeed often does—involve competing for mobile investment, this is not necessarily any part of the process (although successful territorially competitive policies are likely to have the effect of making the territory a more attractive place for mobile investment). What it is directly concerned with is promoting the territory as a competitive place to do business. It may be more directed at improving the environment for existing local businesses and fostering new firm formation, than in trying to attract inward investment.
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Cheshire, P.C. (2003). Territorial Competition: Lessons for (Innovation) Policy. In: Bröcker, J., Dohse, D., Soltwedel, R. (eds) Innovation Clusters and Interregional Competition. Advances in Spatial Science. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-24760-9_16
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DOI: https://doi.org/10.1007/978-3-540-24760-9_16
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