Proposed Explanations of Theoretical Concepts of Local Rural Development: Overcoming an Alienated and Peripheral Economy

Proposed Explanations of Theoretical Concepts of Local Rural Development: Overcoming an Alienated and Peripheral Economy

ISBN13: 9781799826415|ISBN10: 1799826414|EISBN13: 9781799826439
DOI: 10.4018/978-1-7998-2641-5.ch004
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MLA

Milan B. Vemić. "Proposed Explanations of Theoretical Concepts of Local Rural Development: Overcoming an Alienated and Peripheral Economy." Role of Regional Development Agencies in Entrepreneurial and Rural Development: Emerging Research and Opportunities, IGI Global, 2020, pp.105-146. https://doi.org/10.4018/978-1-7998-2641-5.ch004

APA

M. Vemić (2020). Proposed Explanations of Theoretical Concepts of Local Rural Development: Overcoming an Alienated and Peripheral Economy. IGI Global. https://doi.org/10.4018/978-1-7998-2641-5.ch004

Chicago

Milan B. Vemić. "Proposed Explanations of Theoretical Concepts of Local Rural Development: Overcoming an Alienated and Peripheral Economy." In Role of Regional Development Agencies in Entrepreneurial and Rural Development: Emerging Research and Opportunities. Hershey, PA: IGI Global, 2020. https://doi.org/10.4018/978-1-7998-2641-5.ch004

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Abstract

In Chapter 4, the author profiled and illustrated rural regions as a potential peripheral economy. The specific context is looking at the use of this theory in a complex way by upgrading these regions innovatively in order to significantly contribute to economic development through dynamic developmental operations and strategic orientation of their businesses. Analyzed and compared are concepts and regions in terms of mutual cooperation, growth, and leadership role of founders. The chapter is concerned with making the first steps in the process of developing consistent concepts of local rural development for overcoming an alienated and peripheral economy. The developmental approach has, from the beginning, been that the concepts concerning rural development and the great potential of entrepreneurship are in a continuous process of advancement, and that one may have to start with ideas that are merely some sort of improvement over what has thus far been available to go on from there to ideas that are more profound.

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