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Business retention and expansion (BRE) is regarded as the most practical and accessible method for economic development at the city, town, or neighborhood scale. This comprehensive volume centers on the belief that BRE is the top responsibility for a community economic development official. BRE is an asset-based approach designed to systematically strengthen the connection between businesses and the community while encouraging each business to continue operations and expand in the community. It focuses on the community’s existing businesses instead of those it doesn’t have. This book illustrates many different facets of BRE, from big-picture and theory to lessons learned about BRE from practitioners and academics with diverse perspectives and backgrounds. The authors demonstrate diverse ways of reaching out and responding to existing businesses. They explore several topics related to or at the very heart of BRE including: business clusters, entrepreneurship, community outcomes, business assistance, transportation systems, energy efficiency, business succession, and defining BRE success. These include research, program evaluation, and case studies. This book offers both theoretical and applied points of views, and will be of great interest to local practitioners, state/provincial officials, and students of economic development. It was originally published as a special issue of the journal Community Development.
This collection evaluates the various strategies that different cities have used when attempting to economically revitalize downtown areas.
The rural Midwest is undergoing fundamental changes with increased competition from foreign agriculture; employment shifts from higher-paying manufacturing to lower-paying service industries; the displacement of local small town business by large discount stores and shopping malls; overall population declines that threaten the viability of schools, hospitals, and other public institutions, along with an influx of minority groups that has led to strife in some communities. Using data from the 2000 Census, this collection examines the major demographic and employment trends in the rural Midwestern states with special attention to the issues that state and local policy makers must address in the near future. The contributors are well known experts in their fields, and in these original, previously unpublished materials they offer suggestions on how the Internet and other technological advances offer new opportunities for rural economies that local leaders can build on.