|
There
is also no clear agreement about how far individual residents should be
included in the private sector – not only do they invest as
owner-occupiers, but as consumers they have an important part to play in
ensuring the success of the private sector.
They do not only influence the flourishing of local commercial
premises, they also use services as there is health-care, education etc.
Residents and consumers set up different kinds of base condition for
private sector involvement as clients in different specific fields (e.g.
Boxion - Berlin, Music Center- Hamburg). They could be an incentive to
lever private investment as they query about market failures.
But,
as most of the cities suggest, enough of this definitional issue. For
the purposes of the rest of this report we concentrate on the commercial
sector, and its contribution to neighbourhood regeneration. |
