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Smithtown: Can It Make Something Out of Nothing?

Steven Strauss

商品編號:W25555
出版日期:2022/04/06
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商品來源:
商品主題:Economics & Public Policy; Sustainability
商品類型:Case (Field)
涵蓋議題:economic development;tourism;VBE;economic growth;arts;entertainment;arts and entertainment;clusters;growth;creative
難易度:5 - MBA/Postgraduate
內容長度:9 頁
地域:United States
產業:Arts; Entertainment; Sports and Recreation
事件年度:2019

In 1965, Smithtown, Arkansas, had virtually no natural resources, core competencies, human capital advantages, or infrastructure advantages. The local river was impassable and not suitable for transport, and the town had no rail line and no airport. Smithtown’s young population (about 18,000 scattered across two counties) was pretty much stagnant and comparatively less educated than the rest of the United States. Although Smithtown had low-cost land and labour, which was ideal for tourism, it lacked anything that tourists typically looked for and had just a few natural attractions, although nothing spectacular. The town’s leaders wondered what the future would hold and whether there was anything they could do to steer the town’s future direction and avoid its ruin.

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