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Job Creation and Local Economic Development

image of Job Creation and Local Economic Development

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It  also includes  a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).

This publication is the first in a series to take this integrative approach, and it is designed to be user friendly and accessible to all government officials, academics, practitioners and civil society with an interest in local economic development and job creation.

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Building entrepreneurship skills

This chapter presents the importance of entrepreneurship skills in increasing the quality of business start-ups, which improves their chances of success and likelihood of contributing to job creation and economic growth. In particular, it focuses on the role that public policy can play in facilitating the acquisition of these skills through formal education and active labour market policies. It also highlights areas where local governments can contribute to this agenda through local entrepreneurship training programmes, coaching and mentoring programmes and business development support services. The chapter stresses the importance of delivering support through partnerships, especially when the target clients are groups that are under-represented or disadvantaged in entrepreneurship, such as women, youth, seniors, ethnic minority and migrant groups, people with disabilities and the unemployed.

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