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BusnDev - Business Development Approaches Blakely discusses...

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Business Development: Approaches Blakely discusses several different approaches to “Business Development”. These include: -One-Stop Centers -Incubation Centers -Venture Financing -Technology/Business Parks -Small Bus. Development Centers -Enterprise Zones -Group Marketing Systems -Entrepreneur Development -Tourism Promotion/Programming -Women’s Enterprise -Research and Development -Micro-Enterprise 1) What is each of the above approaches? 2) What businesses are the focus of each approach? 3) How is each approach expected to contribute to local economic development? (Expected/Desirable Outcomes?) 4) What is the role of the local government in each approach? 5) Examples?
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Business Development Business Development is centered on the attraction, creation, and retention of businesses and business activities. Business Development is directed towards five goals: 1) Encourage business start-ups 2) Attract relocating firms to the area 3) Retain and/or Expand existing businesses 4)
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