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Organising Local Economic Development

The Role of Development Agencies and Companies

image of Organising Local Economic Development

Development processes occur within a wider geographical area than local government, and in some cases encompass a broader scope than provincial or national governments. Thus substantial inter-governmental co-operation and public-private partnership are needed. This book identifies how development agencies and companies work, what they do and what constitutes success and value added. It explores international practices in a variety of locations and contexts, and defines both the success factors and the challenges associated with economic development agencies and companies.

English

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The role of the local development system

This chapter describes how development agencies can lead, shape and facilitate the effective operation of the local development system and are in turn led, shaped and facilitated by it. It defines these systems as networks of public, business and nongovernmental sector partners which can work collaboratively within defined areas to create better conditions for economic growth, social cohesion and employment generation. Evidence from the 16 development agency case studies is used to show that local development systems are tightly or loosely organised, precisely orchestrated to deliver a local development strategy, or rather imprecisely oriented. The chapter proceeds with a discussion of how to build a seamless and co-ordinated system giving particular attention to key work streams, key players, features of success and the role of development agencies within it.

English

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