It can be argued that sustainable urban land development depends on the long-term viability and management success of local economic development. It can be further argued that here, economic sustainability is the key. This would furthermore signify a paradigm change to long-term administrative behavior (via an institutional approach), long-term market behavior (heterodox economics approach), and human behavior in actors’ consumption and location choices (behavioral approach). This article examines two criteria within this discourse: innovativeness and social cohesion. In doing so, it proposes a framework for empirical analysis where it is suggested that western, post-socialist and low developed cases choose different strategies due to their different starting points.
© 2015 Tom Kauko, Nikolai Siniak, Sabina Źróbek, published by Real Estate Management and Valuation
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