Chapter

Enterprise and entrepreneurship

Stephen Syrett and David North

in Renewing neighbourhoods

Published by Policy Press

Published in print October 2008 | ISBN: 9781861348623
Published online March 2012 | e-ISBN: 9781447303213 | DOI: http://dx.doi.org/10.1332/policypress/9781861348623.003.0015
Enterprise and entrepreneurship

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This chapter presents the role of enterprise and entrepreneurship in renewing neighbourhoods. It discusses research evidence relating to various kinds of enterprise activity within the context of regenerating deprived local economies and communities, which distinguishes between exogenous and endogenous sources of enterprise investment. The chapter reviews proof relating to inward investment and discusses the enterprise demographics of deprived neighbourhoods, including the roles played by black and minority ethnic businesses (BMEBs), social enterprises and informal economic activities. The chapter also examines the treatment of the issue of stimulating enterprise under different policy approaches to tackling the problems of deprived areas over the last three decades. Finally, the chapter discusses the differences between various policy initiatives under the New Labour governments to stimulate new and existing enterprises in deprived areas and to encourage people from various marginalized groups to consider self-employment or starting a new business.

Keywords: enterprise; entrepreneurship; investment; enterprise demographics; deprived neighbourhoods; minority ethnic businesses; New Labour; marginalized groups

Chapter.  16913 words.  Illustrated.

Subjects: Urban and Rural Studies

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