How to Help Communities Become More Competitive
This month we share our thought paper, Lessons from Sam Walton and Wal-Mart Stores: Keys to Wal-Mart Stores' Success, which offers insights on how your community can become stronger by competing more effectively and discover those entrepreneurs who can grow and diversify your economy and society. Download the paper by clicking its title. We also share a companion piece on growth entrepreneurs, Growth-Oriented Entrepreneurs. We hope these papers stimulate ideas for your strategy development!
We've compiled a list of resources for entrepreneurial ecosystem developers to consider in their work.
In the Center's January newsletter, we shared where the U.S. entrepreneurial “hot spots” are and how the Center is engaged in entrepreneurial ecosystem building in each of them. This month, we explore what we're learning in Nebraska.
Don Macke provides examples with links to organizations making good progress toward using entrepreneurship as an emerging economic development strategy. Click on the headline for the full story.
In rural communities, most entrepreneurs have relatively small businesses. Developmentally, at any specific point in time, there is only so much capacity available to grow the venture even when greater development opportunity may be present. Helping local entrepreneurs become more competitive by capturing more local spending (a much easier and less risky proposition when compared to selling to larger markets outside of the local community) positions them for greater success and may enable some to move to selling outside of the local community. You’ll learn how you how you can achieve this goal using data and engagement techniques, by clicking the headline above!
Across America, despite all our prosperity, too many places continue to struggle – with unemployment, high rates of poverty and too much despair. Often these communities face the associated challenges of crime and drug addiction. Why should we care? We can think of five reasons. Click the headline to read more.
Creating sustainable entrepreneurial ecosystems begins with assessing e-talent. Don Macke explains the importance of understanding local talent in this Route Fifty commentary.