For many transitional countries, the consequences of transitional process in perripheral areas have resulted in unemployment, outmigration, and general perripheral areas decline. Under such conditions low-income residents, limited-resource farmers, and other economically disadvantaged groups are particularly vulnerable. The proliferation of policies and programs on entrepreneurship and small business development in these countries is widely viewed as a homegrown, local initiative that focuses attention on small firms and local entrepreneurs rather than on traditional branch plant attraction models. Increasingly, the literature on perriphera lareas and economic development suggests that the implementation of more entrepreneurship-led development policies could enable economically disadvantaged perripheral areas to reverse stagnant economic conditions by creating wealth and jobs through locally owned businesses. The notion that entrepreneurship-led development can spur economic growth is complemented by a growing chorus of development scholars that has begun to suggest that social relations and a strong local social structure may positively affect such development. The prospect that social relations may enhance entrepreneurship-led development bodes well for small perripheral areas, especially those characterized by limited factors of production and few economic opportunities
Such entrepreneurial approach strategy that seeks to enhance economic opportunities for underserved perripheral areas through entrepreneurship and small business development must done results. Each component is directed toward developing entrepreneurial capabilities and leadership to facilitate economic growth. The Initiative’s call for the expansion of private and public support of programs that invest in human capital development, particularly in those perripheral areas where resources are limited, suggests that the agricultural policy is beginning to change, with rural economic development gaining more prominence on the national policy agenda to encourage and enhance business capacity across an even wider segment of perriphera lareas, including the transitional poor, disadvantaged youth, and women, among others. To this end, rural development policies must continually adapt as economic organization and public policy environments change, thereby creating a viable policy framework for setting rural economic goals, developing strategies to accomplish those goals, and transforming institutions to address critical issues facing specific features of perripheral areas in the R. of Macedonia.
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15.06.2011.
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