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- W590901926 abstract "This paper describes how countries, states, cities and regions are fighting a fierce battle for investment spend around the world. They must have appeal on a number of fronts to attract investment in today‟s highly competitive global environment and this report examines the role that transport plays. There are many factors that investors and businesses consider when choosing an area to invest in, such as technological development, the economic climate and market demand. Cities around the are increasingly engaged in competition with each other at various geographical levels. The range of factors influencing city competitiveness is wide, including transport. Transport contributes to a city's business offer‟. Their transport systems therefore contribute significantly to their levels of competitiveness. For major cities this competitiveness can be viewed to operate at a continental level and on the global stage in the case of so called world cities‟. The evidence suggests that transport remains an important driver for businesses on both a local, national and international level. Transport systems not only facilitate mobility but also have potentially significant if indirect effects on land use, the environment, equity and economic growth. Globalization of the business environment means that it is increasingly important to consider national transport systems as a whole, and their connectivity with the rest of the world. This paper argues that although on the surface transport isn't the primary driver for investment, it, in fact, influences many of the factors investors look to. The quality of transport infrastructure has the power to influence investors‟ perceptions and confidence, painting a picture of social and commercial success. It becomes an increasingly important factor as the size and scale of a location decreases and the interdependence of its economy increases. The paper explores this dynamic further, and how the effectiveness of transport systems can be improved to support the growth and success of the destination. The paper also draws on evidence from a major survey of United Kingdom (UK) businesses on the role of transport in influencing business investment decisions." @default.
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- W590901926 date "2010-01-01" @default.
- W590901926 modified "2023-09-24" @default.
- W590901926 title "Making Tracks: Transport for 21st Century Business" @default.
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