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STRATEGIC PLANNING AND ENTERPRISE ZONES
Author(s) -
Snow Douglas R
Publication year - 2000
Publication title -
review of policy research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.832
H-Index - 45
eISSN - 1541-1338
pISSN - 1541-132X
DOI - 10.1111/j.1541-1338.2000.tb00914.x
Subject(s) - incentive , order (exchange) , state (computer science) , business , empowerment , strategic planning , industrial organization , economics , public administration , marketing , economic growth , finance , political science , market economy , computer science , algorithm
State policy makers are concerned about costs of past policies whose benefits are often difficult to determine. Some have recommended a strategic approach to state economic policy making in order to eliminate ad hoc incentives. Lessons derived from the literature on state enterprise zones are used to assess the 1993 Federal Empowerment Zone and Enterprise Community initiative. States can expand policy alternatives by fostering the growth of a marketplace of economic development ideas at the local level. Strategic plans should focus on development of competing, bottom‐up solutions, rather than packages of specific incentives.