The Business Excellence Attraction Composite Index (BEACI) in small areas. Design and application to the municipalities of the Barcelona province

Development, contributions and trends in regional studies in Spain: An overview

“…This work analyses the case of Catalonia and proposes a methodology that can be extended to the analysis of other regional examples. Lastly, we should also mention that Murillo, Romaní, and Suriñach () constructed a composite index related to a scarcely studied topic, Business Excellence Attraction, which is clearly innovative, and which they have applied to the province of Barcelona.…”

Toward a Resource‐Based View of City Quality: A New Framework

“…Many models have been developed to analyze and measure smart city‐related concepts, such as “Smart City Intellectual Capital” (Dameri and Ricciardi ), “City's Knowledge‐Based Capital” (Schiuma and Lerro ), “City's Intellectual Capital Framework” (Uziene ), “Knowledge City Index” (López‐Ruiz, Alfaro‐Navarro, and Nevado‐Peña ), “Happy City Index” (http://www.happycity.org.uk/), “Life‐satisfaction ranking” (Oswald and Wu ), “European Smart City Model” (Giffinger et al ), “Urban Audit” (http://ec.europa.eu/regional_policy/index.cfm/en/policy/themes/urban-development/audit/), “Business Excellence Attraction Composite Index” (Murillo, Romaní, and Suriñach ), “Global Cities Index” (http://www.foreignpolicy.com), “The Coverage Index” (Neirotti et al ), and “Quality of life and business environment” (Chen and Rosenthal ), among many other models developed by other researchers and international organizations around the world. Whereas all these models vary in depth and breadth, it is well beyond the scope of this particular paper to discuss, compare, assess, sort, or facilitate a choice among alternatives models.…”

“…The attraction of sustainable businesses and economic activities contributes to urban development and to create value added and employment, promoting local quality of life (Wong ). The location of the economic activity depends on several economic, geographical, social, and political variables (Murillo, Romaní, and Suriñach ), such as: firms' perception of the general business climate; tax rates or incentives; costs of land, office space, energy, capital, labor, etc. ; an existing network of suppliers; educational facilities and research institutions; existence of a trained/educated workforce; etc.…”

Economic performance, social progress and institutional reform in European neighbouring countries

“…Once we have compiled the data for the 51 simple indicators, in order to build the index, we apply the statistical method by Royuela et al (2003), López-Tamayo et al (2013) and Murillo et al (2015) following the proposal by Liu (1978) in the context of quality of life indicators. This procedure was built taking into account several premises that we have adapted to the peculiarities of the ISEPI in the following way:…”

“…Composite indicators are relevant tools for monitoring and policy assesment. As highlighted by Murillo et al (2015), they provide a synthetic view about the evolution of variables of interest, but as the indicator breaks into simple indicators, they can also help policy makers to understand the strong and weak points of their economies and, if required, to simulate the results of different economic policies. Taking this into account, our proposal adds to the growing literature that tries to overcome the shortcomings of unidimensional approaches such as those focusing on Gross Domestic Product per capita or those based on multidimensional index such as the United Nations' Human Development Index that has been widely criticized in the literature (see, for instance, Wu et al, 2014).…”