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→Economic Development in ...
Competitiveness & Econom... → Research & Applications →
Economic Development in Inner Cities
×Research & Applications
  • National Competitiveness
  • Strategies for Cross-National Regions
  • Competitiveness of States & Regions
  • Economic Development in Inner Cities
  • Economic Development in Rural Areas
  • Cluster Studies
  • International Cluster Competitiveness Profiles

Economic Development in Inner Cities

We believe distressed inner city communities can only prosper when they are integrated into the regional and national economy. Trying to cure the inner city’s problems solely by increasing social investment has rarely been successful. But when we approach revitalization from a competitiveness perspective, we begin to see the existing and potential competitive advantages that are the key to building thriving private-sector businesses, sustainable job growth, and healthy communities.
More about Michael Porter’s Competitiveness Frameworks

Anchor Institutions & Community Vitality

 

The Initiative for a Competitive Inner City

The Initiative for a Competitive Inner City (ICIC) is a national, not-for-profit organization founded in 1994 by Professor Porter. The ICIC seeks to spark the revival of inner cities by bringing market-based approaches to economic development in these distressed areas. Its mission is to help inner cities create jobs, income and wealth for local residents.

More about ICIC

Creating Shared Value

Almost all big companies have active charitable programs and give to social service organizations. But they rarely grasp that helping revitalize their local communities can enhance their competitiveness. Such strategies should be based on the concept of shared value, practices that increase productivity while benefiting the community.

Learn more about CSV

Michael Porter on Inner City Business

While almost all big companies have active charitable programs and give to social service organizations, they rarely grasp that helping revitalize their local communities can enhance their own competitiveness. Nowhere are the opportunities for creating shared value more apparent than in impoverished urban areas.

Read More
 

Related Resources

  • 14 Nov 2011
  • Initiative for a Competitive Inner City

New York City’s Anchor Institutions: From Social Responsibility to Shared Value

by Michael E. Porter
 
  • 04 Oct 2011
  • Inner City Economic Summit

A Cluster-based Approach to Inner City Economic Development

by Michael E. Porter
 
  • 06 May 2010
  • Bloomberg BusinessWeek

How Big Business Can Regain Legitimacy

by Michael E. Porter
 
 

View All Related Resources

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