area and local development: This document is being reconstructed. We (who we are) regret inconveniencing you. Area Development is economic development as it takes place in a region. Regional economic development essentially has the same meaning, except that it refers to an area larger than that which is local. Both area and regional development can refer to the process taking place in a global region, a location made up of several countries, or a sub-national area. area and local development ... an expression ... that combines two types of economic development efforts in order to make the point that those who represent locations better their chances of success by working within ally network that cover a wider area than their own (source of quote). Scroll down to the definition of area developer and local development representative.
area developer: ... a development representative for a region
... a local economy
... can mean the same as the definition of community business development which is defined at the Centre for Community Enterprise website. Community business development is said to ... activities that promote businesses (community businesses or community enterprises or community ventures) which will be owned and operated by the residents of a particular (usually disadvantaged) locality ... Although the ownership is expected to involve local residents, this may be in many different formats: nonprofit ownership by a locally-controlled social agency or development group; private for-profit ownership by local entrepreneurs; a combination of both; or ownership through a co-operative. The prime beneficiaries are also expected to be residents of the specific local community, who will experience a range of many different benefits. The benefits might include potential profits for the owners, increase in local employment opportunities, greater local access to goods and services, or revenues to support a social agency and its work (source). Enterprise development in a community, as defined by The Network, implies all types of enterprise and economic development activities that benefit the location. Business development has other meanings; therefore, we (who we are) almost always use the term, enterprise development, and often explain how site selection is part of process.
... money or other resources, such as property (real or personal) from outside sources which are provided gratuitously to an organization. For example a development representative may work with contributed funds as opposed to tax funds.
... the aspect of competitiveness that results in a loss due to a lack of action. Deadly inertia exists, for example, when the economic vitality of a area goes into decline and the overriding response is for special interest groups to position for protection of what they have while resisting whatever pressures there are to act for the common good. Deadly inertia ca be fueled by lack of leadership, selflessness or motivation. In the latter case, an example might be a location that gives lip service to enterprise and economic development but has an unresponsive representative in place to deal with prospects.
... a documented offer that comes through legal action or a policy intended to make a location more attractive to prospects. It is generally intended to enhance inherent location advantages which may already exist and position the place at a competitive advantage in light of specific selection criteria
... a region as defined by The Network in which there are development representatives working on behalf of the entire area or locations within it
... a volunteer or paid economic development practitioner engaged as a location development representative; a local development representative working for an agency or designated organization, such as an EDO. A LEDO (Local Economic Development Organization with one or more economic developers or community developers on staff).
... According to the 2004 Economic Vitality and Sustainability Action Group: Report and Recommendations (to the City of Fort Collins, CO/City Council), the capacity of a community ... to be economically competitive, resilient and attractive to private and public enterprise. Communities with economic vitality enable citizens to enjoy the satisfying economic activities (e.g. jobs) and the quality of life that sets the standard for long-term sustainability. They also dynamically embrace change and seize opportunities. They contribute to the economic well-being of their residents. Economically vital communities encourage and recognize innovation, hard work, good character, and community involvement of their citizens and business. (source) a capacity to be economically competitive, resilient and attractive to private and public enterprise. Communities with economic vitality enable citizens to enjoy the satisfying economic activities (e.g. jobs) and the quality of life that sets the standard for long-term sustainability. They also dynamically embrace change and seize opportunities. They contribute to the economic well-being of their residents. Economically vital communities encourage and recognize innovation, hard work, good character, and community involvement of their citizens and business ... definition is quoted from the glossary of an online report, Appendix E-1, by the , Fort Collins, CO
... operational enterprises established in a location. How important is business and industry to local economic vitality? See Priorities for Places that want Economic Development under of The Summary of Best Practices for Places that want Economic Development.
... a list of manufacturers and distribution operations sometimes referred to at the local level as an existing industry directory; an industry buyers and suppliers directory; a resource for a site selector who may want to find local manufacturing employers to interview regarding such things as labor pool quality, work ethic as well as recent union activities and labor strife.
... operating entities in a location having the largest numbers of workers. One association of economic development practitioners advises its members to include among leading employers ... hospitals, county, city, telephone company, school, city, government, county government, large hospital and largest university
... acronym for Local Economic Development used by the World Bank. The website of the World Bank Group has a glossary of terms applicable to local economic development.
... planned managed or monitored changes at the local level
... a member of the economic development community working at the local level who is appointed or hired to carry out policies, programs, and/or work assignments related to finding and addressing opportunities for growth and expansion as well as continued vitality in the location; a local level economic developer who is an official contact for prospects.
... http://www.sitelocationassistance.com/search/regions/glossary/locale.htm
... location + familiarization + tour. For example, the Georgia Chamber of Commerce has annually invited corporate executives and site selectors on a tour to promote selected areas of the state for almost 50 years. Famtours are a part of the tourism industry also ... linear layout of information sufficient for locating a place on a map, for example, Atlanta, GA, US or just Atlanta, GA. The term is used in making suggestions for keyword searches related to gathering information from location data suppliers
... a data broker; information brokers as defined by Answers.com; a commercial information resource specializing in serving site selectors and other users of The Network, such as enterprise developers. Information brokers as location data suppliers either charge for their service fees directly or include them, say, in with the cost of a membership. An example of the latter was the operation of the NAM Site Selection Network which provided information about locations free to members of the National Association of Manufacturers while charging non-members thousands of dollars. Area and local development representatives also had to pay a membership fee in order to submit their location data. The example brokerage appears to have been biased in favor of members.
... considering activities that take place or conditions that exist at various levels within a county, those which are of or belong to the whole nation. See the definition of a nation as a location. For example, activities surrounding a site selection project may start out at the national level with the gathering of information from locations throughout a country. As the process moves forward the focus narrows and places of interest are short-listed. Towards the end the location work the activities and dealings take place at the local level.
... actions taken to change and improve an enclave within a community in accord with a plan; community development focused on an area having distinctive characteristics that people want preserved or maintained within their greater geographic area so that a way of life can be sustained in an environment meeting specified up-to-date standards; the accommodation of a distinctive smaller area of a larger one where by providing maintenance and improvements it can reasonably be sustained as a simulation of its state in some point in time.
... a location development representative as an area developer.
... the place selected as a result of location work and in which economic development should occur at the start up of the specific project; site location work within the context of enterprise and economic development and, as such, referred as site selection or facilities location. The website Site Location Assistance.com is a free and open information resource with tools and guidance for site selectors.
... name of one of three .network websites; http://www.sitelocationassistance.com which has resources. In other words it provides site selection assistance. Addendum K of this glossary, titled Site Selection, has more information. The first word defined is site.
... site location assistance; help available or provided during the site selection process.
The World Bank / Glossary of LED Terms defines the following expressions. Italicized links take you to definitions in the Enterprise and Economic Development Glossary or elsewhere.
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02/15/2012 |