scholarly journals The Importance of Resource Assessment for Entrepreneurship and Local Economic Development in Kosovo

2018 ◽  
Vol 4 (1) ◽  
pp. 121-133
Author(s):  
Sejdi Rexhepi ◽  
Mjellma Kadriu

Abstract Kosovo is an underdevelopment country that faces challenges such as poverty, large numbers of unemployment people, and slow economic development. Faced with this fact, country is estimated to be rich in considerable natural resources as well as a relatively young population. Therefore, knowledge and assessment of resources is an important prerequisite for their valorization in function of faster economic development. In underdeveloped countries such as Kosovo, there are not enough professional institutions that provide reliable data on available national resources and their comparative advantages. In these circumstances entrepreneurship and economic development are closely related to entrepreneurial courage and the overall perception for resources and market trends. Entrepreneurship is a basic prerequisite for activating resources. This is particularly the case in underdeveloped localities with high degree of unemployment. For this purpose, individual knowledge is very important to undertake activities that would be successfully concluded. In this research an effort will be made to explain the importance of knowing and evaluating local resources for entrepreneurship and local economic development. In particular, the role of civil and business perceptions will be explained and interpreted with proper statistical methods in order to bring professional and scientific conclusions.

2018 ◽  
Vol 10 (1) ◽  
pp. 127
Author(s):  
Prof. Dr.Sejdi Rexhepi ◽  
Mjellma Kadriu

Kosovo is an underdevelopment country that faces challenges such as poverty, large numbers of unemployment people, and slow economic development. Faced with this fact, country is estimated to be rich in considerable natural resources as well as a relatively young population. Therefore, knowledge and assessment of resources is an important prerequisite for their valorization in function of faster economic development. In underdeveloped countries such as Kosovo, there are not enough professional institutions that provide reliable data on available national resources and their comparative advantages. In these circumstances entrepreneurship and economic development are closely related to entrepreneurial courage and the overall perception for resources and market trends. Entrepreneurship is a basic prerequisite for activating resources. This is particularly the case in underdeveloped localities with high degree of unemployment. For this purpose, individual knowledge is very important to undertake activities that would be successfully concluded. In this research an effort will be made to explain the importance of knowing and evaluating local resources for entrepreneurship and local economic development. In particular, the role of civil and business perceptions will be explained and interpreted with proper statistical methods in order to bring professional and scientific conclusions.


2022 ◽  
pp. 1019-1038
Author(s):  
Bibi Zaheenah Chummun ◽  
Wiseman Siboniso Ndlangamandla

The 2019-nCoV has come as an unexpected wicked challenge especially to the vulnerable ones as it has significantly affected the local economic development (LED) activities of many local people in communities of South Africa. In this chapter, the role of community education as a problem-solving measure in promoting community participation in LED will be explored as limited participation in those activities prevail especially in the wake of the Coronavirus pandemic. The study provides the challenges posed by the limited participation in the communities and the economy and explains how the local participation is important through community education (CE) programmes in LED activities. Since community education indeed plays a huge role in enhancing community participation in LED activities, the government officials, policymakers and others need to work closely with local people so that they can understand the essence of socio-economic issues that communities daily encounter in the wake of the pandemic.


2004 ◽  
Vol 5 (1) ◽  
pp. 107-127
Author(s):  
Caroline Piquet

For over a century in Egypt, the Suez Canal Company reflected the role of the concession in European economic expansion overseas. Concession was a European business practice widespread in Egypt; it was an institution inherited from a system of privileges for Europeans since the Middle Ages. It promised a way for Egypt to adopt modern infrastructures and receive needed European help for digging the canal. The results of the Suez Company are indisputable: the desert of the Suez Isthmus became a lively economic region with active ports, growing cities, and an expanding labor force. And the region was linked to the rest of the country by a new road network. At the same time, however, the concession system denied Egypt full benefit of this infrastructure. The canal served the financial and strategic interests of the company, not the interests of the local economy. This outcome embodied all the contradictions of the concession system: on the one hand, concessions were a necessity for modern infrastructure development in Egypt; on the other, they were a hindrance to further national economic development.


2014 ◽  
Vol 2 (4) ◽  
pp. 151
Author(s):  
Linake Nthekeleng

This study aims to assess Local Economic Development (LED) for sustainable development and poverty alleviation in Buffalo City Metropolitan Municipality. The main objective of the study was to  investigate the catalytic role of LED strategies in Buffalo City Metropolitan Municipality and their potential to promote sustainable development and alleviate poverty. The research questions seeks to discover what LED strategies are employed by Buffalo City Metropolitan Municipality to promote sustainable development and alleviate poverty, as well as what challenges does Buffalo City Metropolitan Municipality face in implementing LED strategies for sustainable development and poverty alleviation. The data was collected using self-administered questionnaire which were distributed to the employees in the LED department of the municipality, community members and businesses around the municipality.


2014 ◽  
Vol 8 (4) ◽  
pp. 448-464 ◽  
Author(s):  
T Phele ◽  
S Roberts ◽  
I Steuart

This  article explores the challenges for the development of manufacturing through a case study of the foundry industry in Ekurhuleni Metropolitan Municipality. Ekurhuleni Metro covers the largest concentration in South Africa, but the industry’s performance has been poor over the past decade.  The findings reported here highlight the need to understand firm decisions around investment, technology and skills, and the role of local economic linkages in this regard.  The differing performance of foundries strongly supports the need to develop concrete action plans and effective institutions at local level to support the development of local agglomerations.


2018 ◽  
Vol 33 (3) ◽  
pp. 287-306 ◽  
Author(s):  
Isaac Khambule

South Africa’s Local Economic Development Agencies have emerged as appropriate institutional structures for advancing socio-economic development in the local government-led development landscape, due to the inability of local municipalities to lead local economic development. This shift signifies that South Africa is turning to local economic development strategies to address developmental challenges, such as poor socio-economic conditions (unemployment, poverty and inequality), by creating local development solutions and employment opportunities. This article utilises the developmental state theory to examine the role of Local Economic Development Agencies in South Africa’s aspirations of becoming a capable developmental state. While the developmental state literature is concerned with the central role of the state in economic development, this article extends the developmental state theory to the subnational level by arguing that the developmental local government is the local developmental state. In addition, the article locates Local Economic Development Agencies within the developmental state paradigm by showing that Local Economic Development Agencies were established as economic development coordinators at the subnational level to assist local government in addressing South Africa’s triple challenges. Although the roles and functions of South African Local Economic Development Agencies are aligned to the developmental state ideology, their developmental mandate is undermined by the lack of coordination within local institutions.


2020 ◽  
Vol 5 (3) ◽  
pp. 319-322
Author(s):  
Evan Cleave ◽  
Godwin Arku

This thematic issue of <em>Urban Planning</em> brings together a collection of seven articles that explore and critically engage with contemporary issues with local economic development and connect with the broader fields of urban development and planning. The articles presented here provide a complementary mix of broader conceptualizations and research and narrower case-studies which draw from a range of geographies. Contributions include the development and application of a vulnerability and risk measures for economic prosperity; examinations of how urban planning and zoning are used as tools to address industrial decline and spur new forms of economic production; complementing investigations into the role of innovation within local economic development examining the role of public and private institutions as well as broad and targeted policy interventions; and the relationship between ‘big-tech,’ economic development and urban planning and governance.


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