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Strategic Drivers of Location Decisions for Information-Age Companies

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Abstract

The location decision-making process of forty companies with high quality "information-age" jobs is examined. A typology of location decisions is presented based on the magnitude of the relocation and the impact on the workforce. The strategic business drivers of the location decisions are identified and examined. Overall, economic development incentives are less important than the "ease of living" and labor market support found in the community. High quality infrastructure is critical. Future trends and their implications for corporate real estate strategy and economic development priorities are suggested.

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  • Martha A. O’Mara, 1999. "Strategic Drivers of Location Decisions for Information-Age Companies," Journal of Real Estate Research, American Real Estate Society, vol. 17(3), pages 365-386.
    • Handle: RePEc:jre:issued:v:17:n:3:1999:p:365-386
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    1. Chan, Su Han & Gau, George W. & Wang, Ko, 1995. "Stock Market Reaction to Capital Investment Decisions: Evidence from Business Relocations," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 30(1), pages 81-100, March.
    2. Ghosh Chinmoy & Rodriguez Mauricio & Sirmans C. F., 1995. "Gains from Corporate Headquarters Relocations: Evidence from the Stock Market," Journal of Urban Economics, Elsevier, vol. 38(3), pages 291-311, November.
    3. Kasim L. Alli & Gabriel G. Ramirez & Kenneth Yung, 1991. "Corporate Headquarters Relocation: Evidence from the Capital Markets," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 19(4), pages 583-600, December.
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    Cited by:

    1. Virginia A Gibson & Richard Barkham, 2001. "Corporate Real Estate Management in the Retail Sector: Investigation of Current Strategy and Structure," Journal of Real Estate Research, American Real Estate Society, vol. 22(1/2), pages 107-128.
    2. Deschryvere, Matthias, 2009. "Mobility of Corporate Headquarter Functions: A Literature Review," Discussion Papers 1203, The Research Institute of the Finnish Economy.

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    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

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