Penn State College of Agricultural Sciences

 

Economic and Community Development

Entrepreneur Friendly Communities

 

Understanding The Role of Entrepreneurs in Our Communities

In the matter of just a few decades, the economic landscape of rural America has changed in fundamental ways. Industries once considered the backbone of rural economies have been transformed by globalization while others, such as tourism and amenity-based economies or the service sector, have emerged to replace them. These changes have invigorated some areas, and forever altered others. In the declining areas, many families and communities are seeking new ways to earn a living and keep their communities thriving. Entrepreneurs are often the backbone of this new economy and a critical catalyst for economic growth in rural areas. 


Yet, despite the increasing importance of entrepreneurship to rural economies, how best to foster this entrepreneurship is not fully understood. Entrepreneurship means more than just creating a business. It captures the spirit and passion that entrepreneurs bring to the table, their ability to spark innovation in others, and their willingness to take calculated risks in the name of economic progress. This essence is often hard to bottle. How do communities create incubators for entrepreneurs, what elements must come together to create a hothouse of innovation and creativity, what draws out talent and encourages risk-taking? How do communities position themselves to be, if not the next Silicon Valley, then a spark that sets off some fireworks?

 

 

Understanding the Role of Entrepreneurs in Our Communities

Entrepreneurial Communities: A Profile

What is an Entrepreneurial Community?

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Entrepreneur Friendly Communities Home

 

 

 


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