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Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2023) 1.2 Q4
Journal Citation IndicatorTM (2023) 0.33 Q3
Received: 2019-09-17  |  Accepted: 2019-12-20  |  Published: 2020-03-30

Title

Can local government impact transaction costs of enterprises?


Abstract

The paper raise the issue of theoretical aspects of local development and transaction costs. The main aim of the paper was to identify investment incentives offered by the local government and to recognize their importance in reducing enterprise transaction costs. The article discuss the findings on the enterprise transaction costs in the relation to the local governments and their potential investment attractiveness. To this end the correlation between potential investemnent attractiveness of local governments and their investment incentives offer was analysed. Authors presented the results of the research conducted in Poland regarding investment incentives offered at the local level. Moreover, a typology of investment incentives (financial and non-financial) offered by the local government, which can result in reducing the enterprise TCs, were pointed out.


Keywords

entrepreneurship, local government, transaction cost, investment incentives, investment attractiveness, Poland


JEL classifications

H80 , D23 , H11 , H70


URI

http://jssidoi.org/jesi/article/479


DOI


Pages

1612-1631


Funding

The project is financed by the Ministry of Science and Higher Education in Poland under the programme "Regional Initiative of Excellence" 2019 - 2022 project number 015/RID/2018/19 total funding amount 10 721 040,00 PLN

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Mempel-Śnieżyk, Anna
Wroclaw Uniwersity of Economics, Wroclaw, Poland http://www.ue.wroc.pl
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Derlukiewicz, Niki
Wroclaw Uniwersity of Economics, Wroclaw, Poland http://www.ue.wroc.pl
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Pilewicz, Tomasz
SGH Warsaw School of Economics, Warsaw, Poland https://sgh.waw.pl
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Zdon-Korzeniowska, Małgorzata
Pedagogical University of Cracow, Cracow, Poland https://www.up.krakow.pl
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Journal title

Entrepreneurship and Sustainability Issues

Volume

7


Number

3


Issue date

March 2020


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References