The Exploration Of New Jersey Urban Enterprise Zone In The1980’s And1990’s

The concept of enterprise zone first appeared in1978.its earliest thought origin can be attributed to city-planning scholar peter hall. The major core connotation is that specific geographic areas are designated in central cities distressed areas, fiscal taxation incentives and regulatory relief are provided for these zones in order to attract the investment of the enterprise, encourage private capital participating in the exploitation and development of city and finally attempt to save the decline and blight of central cities. The aim of this program is the revitalization of central cities economy.New Jersey enacted urban enterprise zone legislation in1983, marking the beginning of New Jersey urban enterprise zone program. This Article takes New Jersey Urban Enterprise Zone Program as example.The introduction surveys the related academic literature on enterprise zone both from china and abroad, these studies include varied aspects. Part1explores The Overall Situation of American Enterprise Zones in the eighties and nineties in the20th Century. Part2introduces New Jersey Urban Enterprise Zone Program and describes its start and implementation conditions, implementation and development, tax Incentives. part3by quoting relevant statistical data, mainly discusses the influence and significance of New Jersey Urban Enterprise Zone Program. Part4summarizes Success Factors on New Jersey Urban Enterprise Zone Program, which include social background, Administration Policy, Financial Support and Business Participation, Strategy Choice. The conclusion emphasizes the overall success and thought-thinking issues of New Jersey Urban Enterprise Zone Program, at the same time analyzes its significance and reference in the process of our urban development.