—Currently, the management structures of the business areas and further industrial sites respond to inefficient models, regardless if is the Public or Private Sector who assumes that management. So far an ideal formula has not been found to ensure the provision of basic and advanced services. Nor is there any national solid reference of Public Private Partnership in the business areas management. Although this already exists in the Real Estate Industry, its analysis is far from the purpose of this paper. Here it is analyzed the model of the British BID (Business Improvement Districts), very successful in revitalizing urban centers and small businesses, and their possible application in the business areas of Spain. This work includes, based on critical analysis carried out on three experiences in England, the definition of a new mixed formula called Concerted Management Model, that relies on the currently existing Spanish legislation and that fully reflects the spirit of the BID system.
—Industrial park, business area, public-private management, BID( Business Improvement District).
The authors are with the Polytechnic School of Engineering (University of Oviedo), Campus de Viesques s/n, CP 33204, Gijón (Asturias), Spain (e-mail: email@example.com, firstname.lastname@example.org, email@example.com, firstname.lastname@example.org, email@example.com).
Cite:Manuel Monterrey, David De La Fuente, Jesús Lozano, Isabel Fernández, and Nazario García, "Modeling a System of Public – Private Management of Business Areas," International Journal of Trade, Economics and Finance vol.4, no.5, pp. 314-318, 2013.