What is urban entrepreneurialism according to David Harvey?

Urban entrepreneurialism, as articulated by David Harvey, refers to the strategies and policies that encourage market growth and intensify competition within urban settings. This concept arises from the understanding that cities, in the context of modern capitalism, serve as critical sites for economic development and investment. Cities increasingly adopt entrepreneurial approaches to attract businesses and stimulate economic activities, often emphasizing attracting global investments, facilitating real estate development, and fostering competitive advantages.

These policies can include tax incentives, infrastructure improvements, and marketing campaigns geared toward positioning the city favorably in the eyes of investors and businesses. The outcome of urban entrepreneurialism is often the transformation of urban landscapes to enhance their competitiveness and appeal in a global market. Thus, the essence of urban entrepreneurialism lies in its proactive approach to shaping urban environments as engines of economic growth.