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Driven by the Globalization, 'places' are working
at an ever faster pace to create added value for their citizens,
skilled employees, companies and investors. This added value is
becoming increasingly sophisticated. Attraction factors are combined
in more and more complex packages and combinations not formerly
interrelated.
These new combinations and processes are in their
infancy, and have only recently become factors by which the effectiveness
of political and business functions are measured. The attractiveness
of a place depends on how local players interact when faced with
these new market challenges.
An attractive place - a so-called frontplace - offers
something unique. The essence of uniqueness is dependent on whether
knowledge creation will lead to continuous innovation and thus creating
a competitive advantage.
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