Masters Degrees (School of Public Leadership)
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Browsing Masters Degrees (School of Public Leadership) by Author "Ackron, Johan"
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- ItemEmergent good practice approaches to business support : implications for local government(Stellenbosch : University of Stellenbosch, 2004-12) Ackron, Johan; Schwella, Erwin; University of Stellenbosch. Faculty of Arts. Dept. of Public Management and Planning.ENGLISH ABSTRACT: Policy makers and development practitioners particularly in developing countries face daunting challenges in formulating strategies to achieve sustained growth and improved standards of living through productive engagement of the population in the economy rather than through welfare transfers. Business activities are self-sustaining and therefore have the potential to contribute greatly through the economic system to the creation of sustainable employment and prosperity. Yet many developing countries are faced with inadequate levels of business activity and business growth. Historical approaches to stimulating and supporting business development have proved largely cost ineffective and unequal to the challenge. The hypothesis that fundamental paradigm shifts in the approach to business support are taking place internationally is tested in this thesis. Key features of an evolving entrepreneurial approach to business support are identified and described representing the defining elements of the new business development support paradigm. Institutional implications of the approach in the context of institutional development theory and current approaches to the stimulation of local economic development at local community level are also discussed, as are key implications of the new paradigm for local government.