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Interdependency Between Sustainable Development and Economic Growth (Investment Attraction): The Role of City's Governance, Branding and Monitoring Strategies

Interdependency Between Sustainable Development and Economic Growth (Investment Attraction): The Role of City's Governance, Branding and Monitoring Strategies
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摘要 Sustainable development is now considered the only option for collective happiness. This paper aims to highlight the interdependent role of city governance, its quality of life and corporate sustainable development process. A place that is good to live in, means that it is good to inhabit, work at, study invest, and visit. Therefore, public policies makers should think about the role of city administration in order to provide a good environment for entrepreneurship and corporate sustainable development. Territories, regions, cities and firms, must know their capabilities and competencies and define a common vision of the future, taking into account the present and the context in which they operate. Being defined as the strategy based on the principles of collective efficiency and market orientation, the successful implementation of activities requires "an operational framework for monitoring, supported by mechanisms of interdepartmental cooperation, and performance measurement procedures based on indicators and monitoring progress" (ENDS-2015, 2007). This paper discusses the implementation of place marketing strategies and adoption, by the city governance, of the best practices of business management such as: balanced score card methodologies, leading to the enhancing of the wellness produced by cities; promoting productivity, innovation and rational use of resources; and developing competences and expertise in order to strength their competitive advantages and achieve the desired sustainable development.
机构地区 University of Minho
出处 《Journal of Modern Accounting and Auditing》 2011年第7期734-748,共15页 现代会计与审计(英文版)
关键词 sustainable development city governance place marketing ENTREPRENEURSHIP balanced scorecard 企业可持续发展 城市治理 招商引资 经济增长 监测 品牌 生活质量 平衡计分卡
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