Enterprise Development

From Wikipedia, the free encyclopedia

 This article is orphaned as few or no other articles link to it.
Please help introduce links in articles on related topics. (June 2008)


Entrepreneurship is globally regarded as a key driver for sustainable economic growth.

The aim of Enterprise Development is to create an Enterprise Culture; an environment where entrepreneurship forms an embedded part of society, and is regarded as a viable career option. Enterprise Development strategies vary widely but usually have the following purposes:

  • Promoting entrepreneurship;
  • Reducing barriers to entry;
  • Providing support for Small and medium enterprises (SMEs); and
  • Developing individual skills, or creating more “Enterprising People”.

The Global Competitiveness Index and Global Business Index compare country economic performance across the globe. Global Entrepreneurship Monitor (GEM) produce annual reports studying entrepreneurial activity. Historical analysis of data proves that economic growth is inextricably linked to economies with vibrant entrepreneurial activity. The initial evidence has sparked a whole new field of research – Enterprise Development Research – similar research is being carried out across, with one purpose, to increase entrepreneurship.

Measuring the impact of enterprise development interventions is a highly complicated subject; there are a vast range of variables that affect the end outcome. Every policy, strategy, initiative and project is directly affected by the macro and micro economic context in which it operates.

For this reason, there is no ‘one size fits all’ model for Enterprise Development. However, there are important lessons that can be applied by learning from what has worked previously under similar circumstances.

Governments across the globe commission the majority of interventions that affect enterprise activity. This is usually done through collection and re-distribution of taxes.

Contents

[edit] International Intervention

  • Economic Development Funding
  • Trading Blocs
  • Embargoes/ Trade Tariffs

[edit] National Intervention

  • SME taxation policies
  • Business support provision for SMEs

[edit] Regional Intervention

  • Regional Economic Strategy
  • Cluster and Sector Development

[edit] Supporting target groups

  • Youth Enterprise (Enterprise Education)
  • Graduate Enterprise
  • BME Enterprise
  • Women’s Enterprise
  • Social Enterprise
  • Third Age Enterprise
  • High-growth Enterprise

[edit] Enterprise Support

There are a variety of support methods for encouraging take-up of entrepreneurship

  • Business Coaching & Business Mentoring
  • Business Incubation
  • Start-up Grants

[edit] Enterprise Development: Country Profiles

  • Enterprise Development in England
  • Enterprise Development in Ireland
  • Enterprise Development in Australia
  • Enterprise Development in Canada
  • Enterprise Development in Singapore
  • Enterprise Development in the USA
 This article is uncategorized.
Please categorize this article to list it with similar articles. (June 2008)