What are the net-benefits for the surrounding area of a new production plant or a major sporting event?

 

New investments can play an important role in raising a region’s technological level, its productive efficiency and its ability to compete internationally. New investments mean new technologies, new knowledge and new management skills, and existing firms can learn from this. Benefits may also accrue from single events such as a great sporting event. We can quantify the expected economic net-benefits of investments or events, and we know what matters for a (foreign) investor when he decides to invest in a specific region of the world.