A conceptual model to analyse favourable rural locations for entrepreneurship

Bozward, D (2021) A conceptual model to analyse favourable rural locations for entrepreneurship. In: British Academy of Management Conference 2021, 31st August to 3rd September 2021, Online.

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Abstract

An entrepreneur selects to base their business within a location which provides a critical mass of resources to launch and grow their startup. In metropolitan areas this is a simple decision. In rural areas, this decision typically may be between two or even three rural regions within a nation. Our methodology is based on a thorough review and synthesis of the most relevant literature on rural regional competitiveness and the regional economic development strategies which can support business startup and/or growth. From this we developed a critical assessment of existing models through the lense of opportunity recognition theory. This paper establishes a conceptual model of how entrepreneurs should interpret the characteristics of a rural region with a view to support their venture creation and business growth. The core factors used within the model are Regional Capital, Decision Making Institutions, Regional Accessibility, Natural Capital, Provenance, Social Networks, Educational Base, Innovation Agents, Economic Structure and finally Entrepreneurial Ecosystem.

Item Type: Conference or Workshop Item (Paper)
Divisions: Business and Entrepreneurship
Depositing User: Dr David Bozward
Date Deposited: 30 Sep 2021 18:46
Last Modified: 30 Sep 2021 18:46
URI: https://rau.repository.guildhe.ac.uk/id/eprint/16477

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