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Development Policies for Lagging Behind Areas: An Interpretative Note in the Name of Civil Entrepreneurial Development

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  • Gaetano Fausto Esposito

    (Consorzio Universitario di Economia Industriale e Manageriale and Assocamerestero, Italy)

Abstract

This paper is a part of the critical literature of the neoclassical approach to regional development policies and on the role of trust and social norms in defining growth processes. It also adds the role of entrepreneurial capacity in stimulating development processes, by creating a virtuous circle, according to a civil approach to economic dynamics. Starting from the limits of the standard economic paradigm in contributing to the reduction of regional development gaps, the article will deal with regional development issues, focusing on the role of trust and the developing entrepreneurship, with an approach that starts from the concept of civil economy, based on the institutional sustainability of innovative forms of development policy. Finally, a scheme for civil entrepreneurship development, based on trust, will be presented.

Suggested Citation

  • Gaetano Fausto Esposito, 2018. "Development Policies for Lagging Behind Areas: An Interpretative Note in the Name of Civil Entrepreneurial Development," The International Journal of Economic Behavior - IJEB, Faculty of Business and Administration, University of Bucharest, vol. 8(1), pages 33-45.
    • Handle: RePEc:but:ijebfa:v:8:y:2018:i:1:p:33-45
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    References listed on IDEAS

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    1. David B. Audretsch & Max Keilbach, 2004. "Entrepreneurship Capital: Determinants and Impact," Papers on Entrepreneurship, Growth and Public Policy 2004-37, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
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