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A proactive culture of support.

Authors :
Falcone, Thomas W.
Wilson, Timothy L.
Source :
Competitiveness Review. 2008, Vol. 18 Issue 3, p241-256. 16p.
Publication Year :
2008

Abstract

Purpose - This paper describes the proactive culture of support that has been effective in the regional development of a semi-rural area. Design/methodology/approach Information used in this paper came predominately from participative case studies accompanied with formal and informal discussions with principals, including members of associated economic development groups. Oral responses and observations were supported by plans, reports, pro-formas and financial statements that were available as the cases developed. Findings - Two streams of businesses contribute to development. One stream is the businesses started by local entrepreneurs. The other stream comes from individuals who relocate their businesses in particular semi-rural areas. A pro-active culture of support contributes to success in both streams. This culture is affected by the county's center for economic operations, which is described in the paper. Examples of firms from these streams are given along with services provided to them by entities in the county. Research limitations/implications Although, the procedure generally is accepted as providing adequate attention to validity, reliability, and triangulation concerns, one is always careful about accepting generality of case studies. Practical implications - The desirability of having firms locate in a specific area is a pervasive consideration in economic development. Results here indicate that location of industrial businesses in semi-rural areas comes from two streams that can be managed strategically by economic development professionals. Originality/value - The idea of a pass along approach to regional development is fundamental to the management of resources. It should be of particular value to professionals involved in these activities. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
10595422
Volume :
18
Issue :
3
Database :
Academic Search Index
Journal :
Competitiveness Review
Publication Type :
Academic Journal
Accession number :
35157838
Full Text :
https://doi.org/10.1108/10595420810906019