Critical Importance of Entrepreneurship in Local Economic Development

2020 ◽  
pp. 1-34
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Rural Development ◽  
Local Economic Development ◽  
Developmental Change ◽  
Critical Importance ◽  
Rural Regions ◽  
Rural Economic Development ◽  
Strategic Options

In Chapter 1, the author considers the overall evolving ontological significance of entrepreneurship as a mindset in structural developmental change facilitating both local and rural economic development. Here it is illustrated that entrepreneurship itself is demanding new, non-divisive, non-mechanical developmental approaches to local economic development, in the sense that the current concepts which recognize this approach need to be fostered holistically in order to work well in modern economics. It is further conceived that both in local economic development and entrepreneurship, proposals based on indivisible developmental wholeness offer a much more effective way of approaching the general social-economic and rural reality. In subsequent chapters it will be further shown that rural regions can in fact greatly benefit from these notions. The author indicates that some regions are not able to attract investment and ensure sustainable development while regional and rural development agencies with entrepreneurial thinking offer many available strategic options.

Innovative and investment approaches to economic development of green tourism in rural areas in the context of decentralization

2021 ◽  
pp. 114-127
Author(s):  
Nataliia Vdovenko ◽  
Nataliia Korobova ◽  
Anna Nevesenko
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Rural Development ◽  
Key Words ◽  
National Economy ◽  
Research Methodology ◽  
Rural Areas ◽  
Production Systems ◽  
Sustainable Rural Development ◽  
Green Tourism

The purpose of the article is to substantiate the innovation and investment principles of green tourism in rural areas in the context of decentralization with a combination of production systems in order to explore opportunities and provide proposals for further functioning of the national economy. Methodology research is to use a set of methods: economic-statistical, monographic, system, economic- mathematical, abstract-logical and others. The scientific novelty of the obtained results is the introduction of innovative, economically feasible and research meth- ods with regard to sustainable development of green tourism in rural areas in decentralization, which are associated with the adaptation of theories, principles and rules of great importance for sustainable rural development of green tourism in the context of global transformations. Conclusions. The modern principles of effective functioning of green tourism in rural areas in the conditions of decen- tralization at a combination of production systems are substantiated. The tools of the general research methodology with regard to sustainable development of green tourism in rural areas in the context of decentralization are proposed. Adaptation of a system of theories, principles and rules that are essential for the formation of sustainable rural development are related. Key words: rural areas, decentralization, green tourism, innovations, branch, sustainable development, aquaculture, tools, methods.

Research on Financial Support for Rural Economic Development in China

2014 ◽  
Vol 651-653 ◽  
pp. 1623-1626
Author(s):  
Lei Zhang
Keyword(s):  
Economic Development ◽  
Rural Development ◽  
Rural Economy ◽  
Financial Support ◽  
Social Economy ◽  
Income Growth ◽  
Living Standard ◽  
Rural Economic Development ◽  
The Social ◽  
Rural Production

Nowdays, science and technology are growing in leaps and bounds; the social economy is also increasingly developing. However, our country’s rural economy is still backward represented by modest income growth and poor living standard of the peasants, which have become a serious problem to be solved in our country’s economy and society. To boost rural economic development can hardly do without financial support; insufficient rural financial support will hinder rural economic development. Only increasing the financial support of rural economic development could promote rural production, rural development and income of the peasants.

Proposed Explanations of Theoretical Concepts of Local Rural Development

2020 ◽  
pp. 105-146
Keyword(s):  
Economic Development ◽  
Rural Development ◽  
Continuous Process ◽  
Strategic Orientation ◽  
Leadership Role ◽  
Rural Regions ◽  
Developmental Approach ◽  
Mutual Cooperation ◽  
Theoretical Concepts

In Chapter 4, the author profiled and illustrated rural regions as a potential peripheral economy. The specific context is looking at the use of this theory in a complex way by upgrading these regions innovatively in order to significantly contribute to economic development through dynamic developmental operations and strategic orientation of their businesses. Analyzed and compared are concepts and regions in terms of mutual cooperation, growth, and leadership role of founders. The chapter is concerned with making the first steps in the process of developing consistent concepts of local rural development for overcoming an alienated and peripheral economy. The developmental approach has, from the beginning, been that the concepts concerning rural development and the great potential of entrepreneurship are in a continuous process of advancement, and that one may have to start with ideas that are merely some sort of improvement over what has thus far been available to go on from there to ideas that are more profound.

Research on Shallow Groundwater Recharge and Control in Taihang Mountain Area of North China

2010 ◽  
Vol 113-116 ◽  
pp. 1572-1576 ◽  
Author(s):  
Jian Sheng Cao ◽  
Wan Jun Zhang
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Water Resources ◽  
Local Economic Development ◽  
Groundwater Resources ◽  
Geographical Location ◽  
Shallow Groundwater ◽  
Mountain Area ◽  
River Valleys ◽  
Taihang Mountain

In the 21st century, diminishing water resources have become a global concern. The Taihang Mountain area plays an important role in the sustainable development of the Bohai coastal area in Beijing, Tianjin and Hebei because of its special geographical location and features; but due to drought and deficiency of water, the Taihang Mountain area is faced with the dual problems of poverty and ecological vulnerability. It seems particularly important to develop and utilize the water resources in a sustainable manner as water is one of the key factors in promoting local economic development and improving the ecological environment. This paper investigates, from the perspective of water cycle and water transformation, the seepage recharge mechanism in slopes and river valleys, taking into account the hydrological features of the Taihang Mountain area and the hydro-geological features of slopes and river valleys in the area. Based on analysis of the formation process and characteristics of shallow groundwater resources, this paper puts forth the idea of “weak water consolidation” for sustainable development of water resources, and three groundwater development and utilization techniques in respect of seepage through rock-soil interfaces and weathered rock fissures in slopes and seepage in river valleys, offering a powerful support to the economic development and environmental improvement in the Taihang Mountain area.

scholarly journals An Assessment of Local Economic Development (LED) for Sustainable Development and Poverty Alleviation in Buffalo City Metropolitan Municipality

2014 ◽  
Vol 2 (4) ◽  
pp. 151
Author(s):  
Linake Nthekeleng
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Poverty Alleviation ◽  
Local Economic Development ◽  
Community Members ◽  
Catalytic Role ◽  
Research Questions ◽  
Self Administered Questionnaire

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.

The Potential of Community-based Geotourism in Rural Development in South Africa: The Case of Witsie Cave Project

2015 ◽  
Vol 52 (4) ◽  
pp. 471-483 ◽  
Author(s):  
Geoffrey Mukwada ◽  
Ntebohiseng Sekhele
Keyword(s):  
South Africa ◽  
Economic Development ◽  
Content Analysis ◽  
Rural Development ◽  
Rural Community ◽  
Local Community ◽  
Local Economic Development ◽  
Community Leaders ◽  
Community Based ◽  
Free State Province

This paper examines the challenges confronting community-based geotourism as a tool for Local Economic Development in a poor rural community based in the Free State province of South Africa. Data were collected through interviews that were held with participants of the Witsie Cave project, local community leaders and municipal officials, as well as through the content analysis of the project’s documents. The results indicate the need to address a conundrum of intertwined endogenous and exogenous conditions as a strategy for enhancing the viability of community-based geotourism projects.

Study on Rural Sustainable Development Strategies Based on "Amenity Value"

2011 ◽  
Vol 347-353 ◽  
pp. 3020-3023
Author(s):  
Yang Rui ◽  
Lin Xi Jiao
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Agricultural Production ◽  
Production Environment ◽  
Value System ◽  
Amenity Value ◽  
Operation Pattern ◽  
Rural Economic Development ◽  
Rural Amenities

The connotation of “amenity value” was elaborated, and its role in improving agricultural production environment and operation pattern, promoting rural economic development and quality of rural residents was highlighted. On this basis, a new rural value system was established from the perspectives of agricultural functions, industrial forms and economic forms, and the concept of “rural amenities” was defined. Moreover, the development targets of “rural amenities” were analyzed, including the overall objectives and those specific ones from three aspects of production, life and ecology, and finally suggestions on the development of “rural amenities” were proposed, that is, elaborate production, elegant life and refined ecology.

scholarly journals The strategy of the Development of Village-Owned Enterprises (BUMDes) - Based Agriculture in the District Juli Bireuen

2021 ◽  
Vol 8 (8) ◽  
pp. 72
Author(s):  
Teuku Qadarisman ◽  
Zakiah Zakiah ◽  
Suyanti Kasimin
Keyword(s):  
Economic Development ◽  
Agricultural Sector ◽  
Defensive Strategy ◽  
Rural Regions ◽  
Rural Economic Development ◽  
National Economic ◽  
National Economic Development ◽  
The Given ◽  
The Village

Rural economic development is an important thing to do given the national economic development should start from the village. One of the efforts that can be done to develop the economy of the village is through entrepreneurship village, which can be the strategy in the development and growth of the welfare of the village community. Entrepreneurship village can be developed through the establishment of Badan Usaha Milik Desa (BUMDes). Rural regions that can not be separated from the agricultural sector, with the importance of the role of agricultural sector to the economy of the country, then the business BUMDes needs to be directed or developed with the activities of the agriculture-based businesses. The results obtained from this research is that BUMDes-based agriculture in the Juli District, Bireun District is in quadrant IV (diversify activities). In this quadrant the position of the organization is in the market is very small and the growth rate is low, therefore it is necessary to diversify the business. This position indicates an organization is weak and facing a big challenge. The recommendations of the given strategy is a survival strategy, meaning that the internal conditions of the organization is on the choice of a dilemma. Therefore, organizations are advised to use a defensive strategy, control of the performance of the internal so not getting mired. This strategy is maintained while continuing to attempt to fix themselves.

scholarly journals CROATIAN DEVELOPMENT INDEX AND REGIONAL DISPARITIES IN SPATIAL DISTRIBUTION OF EU FUNDS FOR RURAL DEVELOPMENT

2018 ◽  
pp. 40-58
Keyword(s):  
Economic Development ◽  
Spatial Distribution ◽  
Rural Development ◽  
Member State ◽  
Rural Areas ◽  
Development Programme ◽  
Rural Regions ◽  
Development Index ◽  
Rural Development Programme ◽  
The Republic

The EU funds are an important factor in the development process of any new member state of the European Union. As such, EU funds support modernization and help facilitate further economic development in a member state, including its rural regions. The Republic of Croatia, based on NUTS3 classification, is predominantly rural with 79.01% of its territory being rural and 56.07% of population living in rural areas. Therefore, rural development is an integral part of overall economic development of the country. In order to improve competitiveness of Croatian agriculture sector, especially its small family farms, it is crucial to invest in their means of production and modernization of their assets. Funds awarded within the EAFRD framework in The Republic of Croatia tend to facilitate this process and further aid rural development. Croatian Development Index has a very important role in allocation of before mentioned funds. Its values are taken as criteria for state-aided areas, scoring projects (including EAFRD and other EU funds applications) and other aspects of public development policies. As one of the primary goals of Rural Development Programme in the Republic of Croatia, it is especially important to achieve a more balanced territorial development of rural areas given the fact that Croatian rural regions (counties and municipalities) are not equally developed, ensuring job creation and job retention in the process. The existence of disparities in the level of development is not a characteristic that can be found only in the Republic of Croatia, but it is an issue that should be taken into account when devising or reconsidering criteria for allocation of future EU funds in the Republic of Croatia, in order to further reduce regional disparities in the level of development. The aim of this paper is to provide empirical evidence on associations between the indicators of Croatian Development Index and spatial distribution of EU funds awarded within the Rural Development programme in The Republic of Croatia based on available data for the most recent invitation to tender for EAFRD funds.

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