Economic Development America
Competing Globally - Growing Regional Economies - Creating Jobs Winter 2005
In this issue:

Innovation and Entrepreneurship in Rural America (cont.)

In both cases, the entrepreneurs are working through an intensive protocol – “a continuous conversation” with innovation network staff – that builds their financial, marketing and technical skills to the point where they are confident and ready to seek significant equity investment.

Not every state may be able to have its equivalent of Kentucky’s system to provide intensive venture engagement with rural entrepreneurs, but the Kellogg project has shown that there are significant institutional resources in rural America that can and need to be harnessed in the service of entrepreneurship development. It is true in rural America as it is in all places that only a very small proportion of ventures are concerned with commercialization of innovations; most are mundane businesses providing local services or replicating mature products. But it also is true that there are people across rural America who have ideas and inventions that – with the right help to overcome the inherent challenges of isolation – can create ventures that will create wealth and help revitalize their communities.


The Rural Policy Research Institute (RUPRI) conducts policy-relevant research and facilitates public dialogue to assist policymakers in understanding the rural impacts of public policies and programs.


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