EFFECTS OF TELECOMMUNICATIONS TECHNOLOGY ON OFFICE LOCATION |
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| Abstract: | The 50 largest firms headquartered in Pittsburgh were surveyed to examine the effects of telecommunications technology on office location. The results indicate that modern telecommunications and computer technologies will accelerate the deconcentration of office activities and that the traditional centrality of downtown will weaken. Financial institutions influenced by telecommunications in their locational decisions are more likely to decentralize their headquarters functions from the CBD than are other firm types. Large firms which use more advanced telecommunications technology are influenced more by the telecommunications factor when making their locational decisions. Use of more sophisticated telecommunications technology decreases the benefits of a CBD location, making it costlier to stay at a CBD location relative to a non-CBD location. |
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