Rationalisation of Investment Decisions in the Sustainable Management of Urban Development – is a New Paradigm Needed?

Wojewnik-Filipkowska, A.

Artykuł - szczegóły

Tytuł artykułu

Rationalisation of Investment Decisions in the Sustainable Management of Urban Development – is a New Paradigm Needed?

Autorzy

Wojewnik-Filipkowska A.

Treść / Zawartość

Pełne teksty:

Pobierz

Identyfikatory

Warianty tytułu

Racjonalizacja decyzji inwestycyjnych w zrównoważonym zarządzaniu rozwojem miast – czy jest potrzebny nowy paradygmat?

Języki publikacji

Abstrakty

The management of dynamic and complex urban systems can no longer be driven by the sustainability aim alone and the concept of New Public Management is not more sufficient in conditions of financial constraints, growing needs, growing social awareness and expectations relating participation, citizenship, and public accountability. The general aim of the paper is to bring different concepts together to propose a new approach to investment decision making in urban development in order to support cities on both strategic and operational level. The rationalisation of investment decisions in the management of urban development requires acceptance of a new paradigm combining ideas of sustainable development and smart city, triad of creativity – circularisation – synergy, stakeholder theory, and social responsibility. The rationalisation requires also application of multi-criteria analysis which takes into account cross nature of investment in urban development. The proposed approach may be a theoretical reference for the subsequent methodological research and also managerial applications relating urban development projects. It can be then useful for public managers and provide support for decision making. The innovative approach of the research is not based on inventing new ideas from the scratch. It concerns application of already known concepts and theories which are necessary to create a new paradigm consistent with the known facts. The research is based on a critical literature review.

W warunkach ograniczeń finansowych, rosnących potrzeb i świadomości oraz oczekiwań w zakresie uczestnictwa, obywatelstwa i publicznej odpowiedzialności, zarządzanie dynamicznym i złożonym systemem miejskim według koncepcji rozwoju zrównoważonego i zgodnie z zasadami New Public Managment (nowego zarzadzania publicznego), jest już niewystarczające. Głównym celem artykułu jest synteza różnych koncepcji, tak by na ich bazie zaproponować nowe podejście wspierające podejmowanie decyzji inwestycyjnych zarówno na poziomie strategicznym i operacyjnym. Racjonalizacja decyzji inwestycyjnych w zakresie zarządzania rozwojem miast wymaga akceptacji nowego paradygmatu łączącego idee zrównoważonego rozwoju i inteligentnego miasta, triady creativity – circularisation – synergy (kreatywność – cyrkulacja – synergia), teorii interesariuszy i odpowiedzialności społecznej. Racjonalizacja wymaga również zastosowania analizy wielokryterialnej, która uwzględnia dwojaki charakter inwestycji w rozwoju miasta. Proponowane podejście może być teoretycznym odniesieniem dla dalszych badań metodologicznych, a także może znaleźć zastosowanie w zarządzaniu projektami w rozwoju miasta. Koncepcja, dostarczając wsparcia w procesie decyzyjnym, może więc być użyteczna dla menedżerów w sektorze publicznym. Innowacyjność rozwiązania nie opiera się na stworzeniu nowej koncepcji od podstaw. Polega na zasto-sowaniu pojęć i teorii znanych, które są niezbędne, aby stworzyć nowy paradygmat, zgodnych z faktami. Artykuł opiera się na krytycznym przeglądzie literatury.

Słowa kluczowe

sustainable development smart city urban development public management planning investment evaluation

rozwój zrównoważony inteligentne miasta rozwój miasta zarządzanie publiczne planowanie ocena inwestycji

Wydawca

Lublin University of Technology

Czasopismo

Problemy Ekorozwoju

Rocznik

2017

Tom

Vol. 12, nr 1

Strony

79--90

Opis fizyczny

Bibliogr. 71 poz., fig., tab.

Twórcy

autor

Wojewnik-Filipkowska A.

anna.filipkowska@ug.edu.pl

University of Gdańsk, Faculty of Management, Department of Investment and Real Estate, ul. Armii Krajowej 101, 81-824 Sopot, Poland

Bibliografia

1. ALFORD J., 2001, The implications of ‘public-ness’ for strategic management theory, in: Exploring Public Sector Strategy, eds. Johnson G., Scholes K., Prentice Hall-Pearson Education, London, p. 1-16.
2. ANDRISANI P. J., HAKIM S., SAVAS E. S., 2002, The New Public Management, Lessons from Innovating Governors and Mayors, Kluwer Academic Publishers, Norwell.
3. APPLEBY P. H., 1949, Policy and Administration, University of Alabama Press, Chicago.
4. ATKINSON A. B., STIGLITZ J. E., 1980, Lectures in Public Economics, McGraw-Hill Book Co, Ltd., New York.
5. BARON M., 2012, Do We Need Smart Cities for Resilience, in: Journal of Economics & Management, vol. 10, p. 32-46.
6. BEHRENS W., HAWRANEK P. M., 1991, Manual for the preparation of industrial feasi-bility studies, United Nations Industrial Development Organisation (UNIDO), Vienna.
7. BLOESCH J., von HAUFF M., MAINZER K., MOHAN S. V., RENN O., RISSE V., SONG Y., TAKEUCHI K., WILDERER P. A., 2015, Sustainable Development integrated in the Concept of Resilience, in: Problemy Ekorozwoju/ Problems of Sustainable Development, vol. 10, no 1, p. 7-14.
8. BOARDMAN A. E., GREENBERHG D. H., 2001, Cost-Benefit Analysis. Concepts and Practice, Prentice Hall, New Jersey.
9. BOUCKAERT G., 1993, Measurement and Meaningful Management, in: Public Productivity & Management Review, vol. 17, no 1, p. 31-43.
10. BOX R. C., MARSHALL G. S., REED B. J., REED C. M., 2001, New Public Management and Substantive Democracy, in: Public Administration Review, vol. 61, p. 608-619.
11. BRYSON J. M., CROSBY B. C., BLOOM-BERG L., 2014, Public Value Governance: Moving Beyond Traditional Public Administration and the New Public Management, in: Pub-lic Administration Review, vol. 74, p. 445-456.
12. BOLAND T., FOWLER A., 2000, A systems perspective of performance management in public sector organisation, in: The International Journal of Public Sector Management, vol. 13, no 5, p. 417-446.
13. CHAN Y.-C. L, 1999, Performance measurement and adoption of balanced scorecard: A sur-vey of municipal governments in the USA and Canada, in: The International Journal of Public Sector Management, vol. 17, no 3, p. 204-221.
14. Commission of the European Communities, 2001, Green Paper, Promoting a European Framework for Corporate Social Responsibility, European Commission, Brussels.
15. DENHARDT J.V., DENHARDT R.B., 2011, The New Public Service: Serving, Not Steering, M. E. Sharpe, Armonk, New York.
16. DIXON M. J., 2012, How Smart Cities Save Money (and the Planet), Harvard Business Re-view, HBR Blog Network, 29 Oct, https:// hbr.org/2012/10/tech-savvy-cities-are-saving-m (20.09.2015).
17. DRUCKER P. F., 1973, Managing the Public Service Institution, The Public Interest, in: College and Research Libraries, vol. 37, no 1, p. 4-14.
18. European Commission, 2005, Partnership Development Toolkit, A partnership oriented planning, monitoring and evaluation guide for facilitators of EQUAL Development and Transnational Partnerships, Belgium http://ec.europa. eu/employment_social/equal_consolidated/data /document/pdtoolkit_en.pdf (10.09.2015).
19. EUROSTAT, 2015, Sustainable development in the European Union, 2015 monitoring report of the EU Sustainable Development Strategy, http: //ec.europa.eu/eurostat/documents/3217494/69 75281/KS-GT-15-001-EN-N.pdf (20.09.2015).
20. FISHER T., 2014, Public Value and the Integra-tive Mind: How Multiple Sectors Can Collabo-rate in City Building, in: Public Administration Review, vol. 74, p. 457-464.
21. FLINT J., RACO M., Introduction: Characteris-ing the ‘new’ politics of sustainability: from managing growth to coping with crisis, in: The Future of Sustainable Cities: Critical Reflec-tions, eds. Flint J., Raco M., University Press Scholarship, Southampton, 2012, p. 3-28.
22. FONTAINE C., HAARMAN A., SCHMID S., 2006, The Stakeholder Theory, Edlays.
23. FREEMAN R. E., 1984, Strategic Management: a Stakeholder Approach, Basic Books, Cambridge University Press, New York.
24. GEDDES P., 1915, Cities in evolution: an introduction to the town planning movement and to the study of civics, Williams & Norgate, London 1915.
25. GIFFINGER R., FERTNER C., KRAMAR H., KALASEK R., PICHLER-MILANOVIC N., 2007, MEIJERS E., Smart Cities – Ranking of European Medium-Sized Cities, Research Re-port, Vienna University of Technology, Vienna.
26. GIRARD L. F., 2011, Multidimensional Evaluation Processes to Manage Creative, Resilient and Sustainable City, in: Aestimum, vol. 59, p. 123-139.
27. GIRARD L. F., 2013, Toward a smart sustainable development of port cities/areas: the role of the ‘historic urban landscape approach’, in: Sustainability, vol. 5, no 10, p. 4329-4348.
28. GIRARD L. F., 2010, Creative Evaluations for a Human Sustainable Planning, in: Making Strategies in Spatial Planning, CERRETA M., CONCILIO G., MONNO V. (eds.), 2010, Springer, Dordrecht, Heidelberg, London, New York, p. 305-328.
29. GIRARD L. F., NIJKAMP P., 1997, Le Valutazioni Integrate per lo Sviluppo Sostenibile della Città e del Territorio, FrancoAngeli, Milano.
30. GÓRECKA D., 2010, On the choice of method in multi-criteria decision aiding process concerning European projects, in: Multiple Criteria Decision Making '10-11, eds. Trzaskalik T., Wachowicz T., University of Economics in Katowice, Katowice, p. 81-103.
31. GRIFFIN R. W., 2002, Fundamentals of Management, A&M University, Texas.
32. HALACHMI A., 1996, Business process reengineering in the public sector: Trying to get an-other frog to fly? In: National Productivity Re-view, vol. 15, no 3, p. 9-18.
33. HARDI P., MERTINUZZI A., 2007, Series ed-itors’ preface: Evaluating Sustainable Develop-ment – topics, trends and target groups of this new book series, in: Sustainable Development in Europe. Concepts, Evaluation and Applications, eds. Schubert U., Störmer E., Elgar E., Cheltenham, p. XVII-XXIV.
34. HIRIGOYEN G., LAOUER R., 2013, Convergence of Corporate and Public Governance: In-sights From Board Process View, in: SAGE Open, April-June, p. 1-8.
35. HM Treasury, 2012, A new approach to public private partnerships, https://www.gov.uk/gov-ernment/uploads/system/uploads/attachment_d ata/file/205112/pf2_infrastructure_new_approa ch_to_public_private_parnerships_051212.pdf (2016.04.10).
36. HOLLANDS R., 2008, Will the Real Smart City Stand Up? Creative, Progressive, or Just Entrepreneurial? In: City, vol. 12, no 3, p. 302-320.
37. HOOD C., 1991, A public management for all seasons? In: Public Administration, vol. 69, p. 3-19.
38. ITU (International Telecommunication Union), 2014, Smart sustainable cities: An analysis of definitions, Focus Group Technical Report, http://www.itu.int/en/ITU-T/focusgroups/ssc/D ocuments/Approved_Deliverables/TR-Overvie w-SSC.docx (20.09.2015)
39. JONES P. S., 2003, Urban Regeneration’s Poisoned Chalice: Is There an Impasse in (Community) Participation-based Policy? In: Urban Studies, vol. 40, no 3, p. 581-601.
40. KAGANOVA O. , 2011, Guidebook on Capital Investment Planning for Local Governments, The World Bank, http://siteresources.worldban k.org/INTURBANDEVELOPMENT/Resources/336387-1169585750379/UDS13CIP.pdf (10.09.2015).
41. KALAMBOKIDIS L., 2014, Creating Public Value with Tax and Spending Policies: The View from Public Economics, in: Public Administration Review, vol. 74, p. 519-526.
42. LEŹNICKI M., LEWANDOWSKA A., 2016, Contemporary Concepts of a City in the Context of Sustainable Development: Perspective of Hu-manities and Natural Sciences, Problemy Ekorozwoju/ Problems of Sustainable Development, vol. 11, no 2, 45-54.
43. LOMBARDI P., GIORDANO S., CARAGLUI A., DEL BO C., DEAKIN M. , NJIKAMP P., KOURTIT K. , 2011, An advanced triple helix network model for smart city performance, Re-search Memorandum, University of Amsterdam vol. 45, http://degree.ubvu.vu.nl/repec/vua/w paper/pdf/20110045.pdf (20.09.2015).
44. LYONS M., SMUTS C., STEPHENS A., 2001, Participation, Empowerment and Sustainability: (How) Do the Links Work? In: Urban Studies, vol. 38, no 8, p. 1233– 1251.
45. MINISTRY of Economy, 2012, Poland 2012 Report Economy, Warsaw, https://www.mr. gov.pl/media/15367/Poland_2012_Report_eco nomy_eng.pdf (10.09.2015).
46. MITCHELL R. K., AGLE B. R., WOOD D. J., 1997, Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of Who and What Really Counts, in: The Academy of Management Review, vol. 22, no 4, p. 853-886.
47. NIJAKI L. K, WORREL G., 2012, Procurement for sustainable local economic development, in: International Journal of Public Sector Management, vol. 25, no 2, p. 133-153.
48. OSBORNE S. P., 2010, The New Public Governance? Emerging Perspectives on the Theory and Practice of Public Governance, Routledge, New York.
49. PAWŁOWSKI A., 2008, How many dimensions does sustainable development have?, in: Sustainable Development, vol. 16, no 2, p. 81-92.
50. PHELPS A., 2010, Rationale, practice and out-comes in municipal property asset management, in: Journal of Corporate Real Estate, vol. 12, no 3, p. 157-174.
51. POISTERT H., STREIB G. D., 1999, Strategic Management in the Public Sector: Concepts, Models, and Processes, in: Public Productivity and Management Review, vol. 22, no 3, p. 308-325.
52. RADNOR Z., OSBORNE S. P., 2013, Lean: A failed theory for public services?, in: Public Management Review, vol. 15, no 2, p. 265-287.
53. RAVETZ J., 2011, Urban Synergy-Foresight, Urban Governance in the EU, in: Current Challenges and Future Prospects, EU, p. 31-44.
54. ROBBINS S. P., DECENZO D. A., 2005, Fundamentals of Management, Pearson Education, New Delhi.
55. SAYCE S., SMITH J., COOPER R., VENMORE-ROWLAND P., 2006, Real Estate Appraisal: From Value to Worth, Blackwell Publishing Ltd., Oxford.
56. SIENKIEWICZ M. W., 2013, Determinants and effects on strategic management in the local government in Poland and western Europe, in: Proceedings: NISPAcee Annual Conference Regionalization and Inter-regional Cooperation, Belgrade, Serbia, May 16-18, p. 1-16.
57. SIMMIE J., MARTIN R., 2010, The Economic Resilience of Regions: Towards an Evolution-ary Approach, in: Cambridge Journal of Regions, Economy and Society, vol. 3, p. 27-3.
58. SIMONE H. A., 1946, The Proverbs of Administration, in: Public Administration Review, vol. 6, no 1, p. 53-67.
59. STAMP J. C., 1923, The Contrast Between the Administration of Business and Public Affairs, in: Public Administration, vol. 1, p. 158-171.
60. STOKER G., 2006, Public Value Management: A New Narrative for Networked Governance?, in: American Review of Public Administration, vol. 36, no 1, p. 41–57.
61. UNITED NATIONS, Department of Economic and Social Affairs, Population Division, 2014(a), World Urbanization Prospects: The 2014 Revision, Highlights, New York.
62. UNITED NATIONS, General Assembly, 2014 (b), Open Working Group of the General Assembly on Sustainable Development Goals, Open Working Group proposal for Sustainable Development Goals, A/68/970, http://www.un. org/ga/search/view_doc.asp?symbol=A/68/970 &Lang=E (20.09.2015).
63. WCED (Brundtland Commission), 1987, Our Common Future, Oxford University Press, Ox-ford.
64. WĘGRZYN J., 2016, The Perception of Critical Success Factors for PPP Projects in Different Stakeholder Groups, in: Entrepreneurial Business and Economics Review, vol. 4, no 2, p. 81-92.
65. WHITE A. D., 2011, A review of UK public sector real estate asset management, in: Journal of Corporate Real Estate, vol. 13, no 1, p. 6-15.
66. WOJEWNIK-FILIPKOWSKA A., 2012, In-vestments in the process of urban regeneration – concept of investment economic evaluation, in: Journal of the Polish Real Estate Scientific Society, vol. 20, no 3, p. 247-259.
67. WOJEWNIK-FILIPKOWSKA A., RYMARZAK K M., 2013, Decision-making in corporate and municipal asset management – literature review, in: International Journal of Real Estate Studies, vol. 8, no 1, p. 16-29.
68. WOJEWNIK-FILIPKOWSKA A., RYMARZAK M., LAUSBERG C., 2015, Current Managerial Topics in Public Real Estate Asset Management, in: World of Real Estate, vol. 4, no 94, p. 5-10.
69. YANG K., 2007, Making performance measurement relevant? Administrators' attitudes and structural orientations, in: Public Administration Quarterly, vol. 31, no 3, p. 342-383.
70. ZEEMERING E., 2009, What does sustainability mean to city officials?, in: Urban Affairs Re-view, vol. 45, p. 247-73.
71. ZELENY M., 2010, Knowledge Management and Strategic Self-Sustainability: A Human Systems Perspective, in: eds. Cerreta M., Concilio G., Monno V., Making Strategies in Spatial Planning, Springer Dordrecht Heidelberg Lon-don New York, p. 257-280.

Uwagi

Opracowanie ze środków MNiSW w ramach umowy 812/P-DUN/2016 na działalność upowszechniającą naukę (zadania 2017)

Typ dokumentu

Bibliografia

Identyfikator YADDA

bwmeta1.element.baztech-cc3acfb9-19ff-4d19-bba2-88253eb0c912