Escolar Documentos
Profissional Documentos
Cultura Documentos
Entrepreneurship
Development Strategies
Monica Diochon
St. Francis Xavier University
We’re told that
entrepreneurship is needed in
dealing with economic change
How do we encourage it?
What are the outcomes expected?
Workshop Objectives
to build capacity in assessing a
community’s entrepreneurship ‘vitality’
to explore how a community’s capacity for
entrepreneurship can be developed
to understand the link between context,
process and outcomes in responding to
economic change
How do we define:
Community?
Economic Development?
Entrepreneurship?
IMPLICATIONS OF MEANING ADOPTED
Community
a geographic area in which residents
perceive themselves to be stakeholders
and share behavioural expectations as a
result of social relationships developed
while participating in formal, informal, and
interdependent economic, social, and
political institutions and activities, and
while sharing a variety of public and
private services
Why Define Community in This Way?
people’s ‘life-world’ defines the geographic
boundaries for strategies based on local solidarity
shared economic, social and cultural experiences
build a sense of identity
a sense of identity provides a vehicle for
mobilizing collective action in response to
opportunities or problems
collective action provides means of achieving what
can’t be accomplished alone (common purpose)
Economic Development
how does community define it?
goals based on perceived need(s) and
aspirations
likely focus if defined in economic terms:
formation of new firms
expansion of existing ones
conventional economic indicators of structural change,
growth in income and employment can be useful
measures of effectiveness
Entrepreneurship: The Classic
Definition
Coping with
and
enjoying Solving problems/
uncertainty conflicts creatively
INNOVATION
Flexibly
responding
to
Persuading others
challenges
Acting
Actively seeking to
independently
achieve goals
on own initiative
Dealing with Economic Change
Requires Attributes Associated
with Entrepreneurs:
the ability to identify opportunities
operate with uncertainty
take risks
innovate...
The Facts about Entrepreneurship
entrepreneurship is widely distributed in
the population
every community has entrepreneurial
potential
situational factors often have more
influence on behaviour than personality
traits or other personal attributes
entrepreneurship can be developed
through learning, practice
Understanding How a
Community’s Context Affects
Entrepreneurship
What socio-economic factors affect
entrepreneurship?
How?
Economic Factors
Industrial structure
most new firm founders set up their
business in the industry in which they
previously worked
industries differ in their ease of entry
Plant-size structure*
most new firm founders previously worked
in small firms or small divisions of large
companies
Economic Factors
Occupational structure
most new firm founders have either
managerial or skilled trades backgrounds
areas with a perceived high residential
amenity and environmental quality attract
qualified and skilled people for job-related
reasons, some of whom subsequently set
up new businesses
Economic Factors
Availability of information locally
re: new developments in technologies,
techniques, equipment, materials and
markets
Availability of factors of production
access to sources of personal and
institutional finance, premises, labour
Local/regional market demand
Social Factors
Culture
Nature of behaviour the social context encourages
in dealing with problems or opportunities
entrepreneurship dependency
The Challenge
How to encourage entrepreneurship
Achieving a ‘Fit’ Between
Context and Strategy
ENVIRONMENT
RESOURCES STRATEGY
- goals (ends)
HISTORY - how they’ll be
achieved (means)
Strategy involves decisions
about...
Vision for future
where does the community want to be
Goals
based on community’s understanding of
problems/opportunities and how they can
be positively addressed
specific, measurable, time-bounded
criteria for monitoring and evaluation
Ways to achieve them
Strategic Considerations
Coordination and control are achieved
informally
Communication is through networks
Participation is voluntary
Cooperation is achieved through trust,
expectation of mutual exchange, and the
belief that by acting together the
community can accomplish what is not
individually possible
The Development Process
Involves
Activities/Initiatives
People
Formal organizing
Informal organizing
Activities...
FORMAL
ORGANIZING
ENVIRONMENT
GOAL ACHIEVEMENT
RESOURCES INFORMAL RESOURCE
STRATEGY
ACTIVITIES UTILIZATION
HISTORY ORGANIZING ADAPTABILITY
INDIVIDUALS
Feedback
DEVELOPMENT PROCESS