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relocation:

. . . the act of permanently leaving one place and moving to another, for example, a business relocation as a process of enterprise development.

Relocation projects are site selection projects. Site selection is a . . . component of enterprise development (source of quote). The Network uses the term enterprise and economic development as indicated by this glossary's page header above. However, it's questionable as to whether relocations amount to economic development when jobs are created in new locations at the expense of jobs being lost from communities that employers moves away from—more.


related: job; job creation; expansion; entrepreneurial startup; Search for a Location

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Economic Development Services, Inc. / copyrights and all rights reserved / 03/30/2013