- The key to rural competitiveness is to pursue entrepreneurship as the core rural economic development strategy. There are three reasons for this:
- The traditional reliance on recruiting companies to relocate or expand in rural communities is just not working for most places, and rural leaders need viable alternatives.
- There is a growing body of evidence on the critical role played by entrepreneurs and small businesses in driving local and regional economies.
- The structure of rural economies is essentially composed of small enterprises, which are responsible for job growth and innovation and which represent an apprropriate scale of activity for rural places.