ENTREPRENEURIAL SOCIAL INFRASTRUCTURE AND LOCALLY INITIATED ECONOMIC DEVELOPMENT IN THE NONMETROPOLITAN UNITED STATES |
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Authors: | Jan L. Flora Jeff Sharp Cornelia Flora Bonnie Newlon |
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Affiliation: | Iowa State University;Franklin County, Virginia |
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Abstract: | A community embeddedness perspective hypothesizes that nonmetropolitan localities high on entrepreneurial social infrastructure (ESI) are more successful at implementing economic development projects than those lacking ESI. ESI is a format for converting social capital into organizational forms that facilitate collective action. Logistic regression revealed that localities with projects were more likely to have an unbiased newspaper, multiple contributions by financial institutions to community projects, and more external linkages, Project communities place more emphasis on citizen involvement through civic organizations than through local government. Community-based patterns of interactions and organization are associated with successful collective economic development action. |
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