Our main areas of interest
Globalisation and local response
Institutional context and local development
Empowerment and territorial capacity building
Agile project management for territorial development
Multi-level governance and place-based development strategies
Our favorite quotes
‘It is not so much the individual environmental factors that affect the entrepreneur, but the package or profile of factors. A package of factors, …, is only as strong as its weakest link. Increasing an individual factor, such as the availability of finance, will not necessarily lead to any increase in entrepreneurial activity if other factors (education, regulation or corruption) are constraints. Neither will increasing the amount of entrepreneurship education, or reducing regulations, per se, increase the level of entrepreneurial activity, if finance is a constraint… It is the whole package of … environmental factors that is important to the level of entrepreneurial activity. These packages tend to be time and place specific…’. Organisation for Economic Cooperation and Development (0ECD)
‘Enterprise development concerns business start-up, business growth and development of main business practice... At the local level, national and sectoral issues come together and are reinforced by the specific local institutions that support or inhibit enterprise. These determine how fertile the local environment is, both to new formation and to the development of firms once they have been founded.’ R. Bennett and A. McCoshen
‘Enterprise development is as much a social as a technological or financial phenomenon.’ R.Sweeney
‘... the poor are enourmous, untapped reservoirs of initiative and entrepreneurship, but their energies are often held in check by poverty, misrule or conflict.’ Kofi Annan
‘Crisis is a productive state provided you do not associate it with catastrophe’. Max Frisch
‘Depression economics ...is the study of situations where there is a free lunch, if we can only figure out how to get our hands on it, because there are unemployed resources that could be put to work. In 1930 John Maynard Keynes wrote that "we have involved ourselves in a colossal muddle, having blundered in the control of a delicate machine, the working of which we do not understand". The true scarcity ... is not of resources... but of understanding’. Paul Krugman
‘Societies that adopt the formal rules of another society will have very different performance characteristics than the original country because both, the informal norms and the enforcement characteristics, will be different. The implication is that transfering the formal political and economic rules of successful Western market economies to Third World countries and Eastern European economies is not sufficient condition for good economic performance’ Douglass C. North
‘It is adaptative rather than allocative efficiency which should be the guide to policy. Allocative efficiency is a static concept with a given set of institutions; the key to continuing good economic performance is a flexible institutional matrix that will adjust in the context of evolving technological and demographic changes as well as shocks of the system’ Douglass C. North
A few words from our founder
Our main goals since the year 2003 have been to promote the bottom-up approach to economic development and to build cooperation links with individuals who share our interest in place-based development strategies. I appreciate very much your visit to our English version homepage. I would like to invite you to visit our 'Services and Activities' section and to interact with us in our social networks.
