Theoretical Framework for Industrial Parks

A theoretical framework for industrial parks is a structured way to understand how these designated areas promote economic growth. It examines factors like infrastructure, government policies, business ecosystems, and location advantages that encourage companies to operate together. This framework helps analyze how industrial parks attract investments, create jobs, and foster innovation by providing the right environment, resources, and regulations. Essentially, it offers a blueprint to study what makes industrial parks successful and how they can be designed or improved to maximize economic benefits for a region.