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Rural entrepreneurs know their place: Advantages of engaging with local “space”

Strategic Direction

ISSN: 0258-0543

Article publication date: 10 August 2015

353

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

Two ideal types are developed: first, entrepreneurship in the rural and, second, rural entrepreneurship. The former represents entrepreneurial activities with limited embeddedness, enacting a profit-oriented and mobile logic of space. The latter represents entrepreneurial activities that leverage local resources to re-connect place to space. While both types contribute to local development, the latter holds the potential for an optimized use of the resources in the rural area, and these ventures are unlikely to relocate even if economic rationality would suggest it.

Practical implications

The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Keywords

Citation

(2015), "Rural entrepreneurs know their place: Advantages of engaging with local “space”", Strategic Direction, Vol. 31 No. 9, pp. 6-8. https://doi.org/10.1108/SD-06-2015-0092

Publisher

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Emerald Group Publishing Limited

Copyright © 2015, Emerald Group Publishing Limited

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