Page 27 - 1-Entrepreneurship and Local Economic Development by Norman Walzer (z-lib.org)

16 Norman Walzer and Adee Athiyaman

Industrial attraction models have been less successful in smaller and remote
areas than in the past, causing leaders to consider a stronger emphasis on
finding ways to start or expand businesses.
Entrepreneurship programs in rural areas have shown impressive results.
While certainly no panacea, they represent a solid economic development
strategy that can be used along with other approaches. Entrepreneurship of-
fers potential in both community and economic development but must be
community-wide with an integrated delivery system aimed at building a
sustainable initiative.
This book provides an overview of principles and practices that can help
local practitioners design a successful system. While an entrepreneurship
approach may not be the best alternative for all rural areas, the discussions
in this volume support that this approach can work and should at least be
considered by local development practitioners.

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