Entrepreneurship and Community Economic DevelopmentOne of the goals of regional policies is to foster entrepreneurship and innovation in the nation's smaller and more remote communities. Policymakers are becoming increasingly interested in the Community Economic Development approach as a way of achieving this aim. In Entrepreneurship and Community Economic Development Monica Diochon examines the development processes adopted by two rural, single-industry Canadian communities confronting the collapse of their economic bases. She argues that a community's effectiveness in influencing economic development depends on the extent to which entrepreneurship is encouraged and shows that, while a number of factors influence enterprise, economic activities that are community-determined and provide varied opportunities to participate in achieving short-term self-sustaining strategic outcomes are particularly important. |
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Acadian achieved acoa analysis areas Atlantic Canada basis board members Canada capacity cent Centre collective community identity Community Economic Development community level community-based development community-based organizations community’s considered create crisis deal defined devel development activities development process DIMA Eastern Guysborough County economies of action effectiveness EGCDA employees employment endogenous development enterprise entrepreneurial behaviour entrepreneurial configuration evidence example external factors fisheries flexibility focus focused formal organizational arrangements fostering entrepreneurship framework funding goals High High High high levels identified income indicates individuals informal organizational arrangements infrastructure initiatives innovation interdependent interpersonal involved Isle Madame Isle Madame’s lack learning life-world majority of organizations ment multiple tasks nature nomic Nova Scotia operational opment opportunities organization’s outcomes participants problems programs projects pursued regional relationships residents role shared small business social staff stakeholders stimulate strategic vision structure tegic Telile there’s trust We’re