Small-scale businesses have long been recognized as an important part of economic development and integrating them with industrial parks is both recommended and necessary for long-term success. In line of this, the objective of this study was to investigate the role of IPs entrepreneurial ecosystem in boosting the capabilities of small businesses. Data were collected from 245 small manufacturing business owners via simple random sampling and analysed using multivariate regression analysis. Thus, the ability of small enterprises is positively impacted by the presence of a more robust and appropriate entrepreneurial ecosystem. Similarly, a firm’s resource capabilities are more impacted by the entrepreneurial ecosystem when there is a better link between academia and industry. Furthermore, entrepreneurial skills are found to play a mediating role between the entrepreneurial ecosystem and firms’ technological capabilities. Another finding revealed that managerial expertise significantly mediates entrepreneurial ecosystems and firms’ resource capabilities. This finding suggested that the policymakers, better to formulate policies that encourages small businesses to engage in the industrial parks which results in an inclusive firm’s performance.

This study employs the Standard Error Estimation technique to investigate the connections between the digitalization of economy, population, trade openness, financial development, and sustainable development across 127 countries from 1990 to 2019. The findings revealed associations between financial development, population growth, trade openness, economic growth, Digitalization development, foreign direct investment (FDI), and sustainable development. Financial development negatively impacts sustainable development, suggesting that countries with advanced financial systems may struggle to maintain sustainability. Trade openness exhibits a negative association with sustainable development, implying that countries with open trade policies may face challenges in maintaining sustainability, possibly due to heightened competition or resource exploitation. These findings highlight the multifaceted relationship between economic factors and sustainable development, underscoring the importance of comprehensive policies and governance mechanisms in fostering sustainability amidst global economic dynamics.

Increasingly, U.S. cities are focusing on transit-oriented development (TOD) policies to expand the stock of higher-density, mixed-use development near public transit stations within the context of a transit corridor and, in most cases, a regional metropolis. A TOD zone relies on a regulatory and institutional environment, public and private participation and investment, and development incentives to create vibrant, people-oriented communities and mobility options and to support business development. TODs provide local governments with more tax revenues due to increased property values (and, as applicable, income and sales tax revenues), but most planning for TODs ignores the non-transit infrastructure costs of increasing development density. This study focused on determining the water and sewer infrastructure costs for TOD zones along a rail line in southeast Florida. The finding was that millions of dollars in funds are needed to meet those water and sewer needs and that few are currently planned as a part of community capital improvement programs.