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Business Assistance and Rural Development

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  • Rural Economy Division

Abstract

This report examines the possibilities of improving the economic prospects of rural communities and regions through the provision of business assistance. Several specific approaches to business assistance are discussed: a focus on small business, industrial targeting, retention and expansion programs, seed and venture capital programs, industrial parks, business incubators, and enterprise zones. The authors stress that the success of any specific business assistance approach will depend upon the context, and that the strength of an overall economic development strategy for a rural community or region is likely to come from the thoughtful combination of several elements, often including some business assistance, rather than the selection of a single "perfect" ingredient.

Suggested Citation

  • Rural Economy Division, 1995. "Business Assistance and Rural Development," Staff Reports 278789, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:278789
    DOI: 10.22004/ag.econ.278789
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    File URL: https://ageconsearch.umn.edu/record/278789/files/ers-report-650a.pdf
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    References listed on IDEAS

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    1. Newman, Robert J. & Sullivan, Dennis H., 1988. "Econometric analysis of business tax impacts on industrial location: What do we know, and how do we know it?," Journal of Urban Economics, Elsevier, vol. 23(2), pages 215-234, March.
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    5. David N. Allen, 1988. "Business Incubator Life Cycles," Economic Development Quarterly, , vol. 2(1), pages 19-29, February.
    6. Weinberg, Mark L., 1987. "Business Incubators Give New Firms in Rural Areas a Head Start," Rural America/ Rural Development Perspectives, United States Department of Agriculture, Economic Research Service, vol. 3(2), February.
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    10. Reeder, Richard J., 1993. "Rural Enterprise Zones in Theory and Practice: An Assessment of Their Development Potential," Staff Reports 278690, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. Terry F. Buss, 1999. "The Case Against Targeted Industry Strategies," Economic Development Quarterly, , vol. 13(4), pages 339-356, November.

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