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Thematic Reports Private sector in urban regeneration  
   

2.1. Definition difficulties
2.1.1 What is the private sector?

 
   

This question – more than any other – caused a debate between the cities. And the debate was not simply about definition, but whether a definition was necessary – one commentator replied ‘paying too much attention on a formal legal/economic definition is distracting from the substantial issues. It is not so much to do with the structures of institutions but of their functions. When we, in a vague and imprecise way, talk of involving the private sector then we have fairly specific activities or functions in mind: business start-ups in the neighbourhood (generating employment and local purchasing power), retailing (stopping the closure of shops and out-migration of retail facilities), private sector services (massage parlours as opposed to swimming pools), investment (speculative house building ...)[1].  


[1] Philip Potter email 31 July 2003

 
   
2. Findings     2.1.2. The commercial sector  

ENTRUST is a research project supported by the European Commission under the Fifth Framework RTD Programme and contributing to the implementation of the
Key Action 4; “City of Tomorrow and Cultural Heritage" within the Energy, Environment and Sustainable Development thematic programme
Contract n°: EVK4-CT-2001-20007