City Attractiveness for Investment: Characteristics and Underlying Factors

Abstract

The main purpose of the paper is to distinguish theoretical characteristics of city attractive for investments and to prove these attributes by investigating the judgements of enterprisers. This paper is based on systemic, comparative and logical analysis of scientific economic literature, the survey method for drawing practical results. The description of investment attractive city and the factors forming the investment attractiveness are provided in this research. Summing up the theoretical and identified by the entrepreneurs characteristics of the city's attractiveness for investment, it can be said that in many cases the choice of the city for investment is influenced by the accessibility of skilled workforce and its costs, the resource price and competition in the market.

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