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Local economic development (LED) is an approach to economic development, of note in the developing world that, as its name implies, places importance on activities in and by cities, districts and regions. Local economic development combines economic development activities, urban planning, infrastructure development and social development ...
The Oregon Business Development Department (OBDD) dba Business Oregon is a government agency of the U.S. state of Oregon, providing support of economic and community development and cultural enhancement through administration of a variety of programs of incentives, financial support, and technical assistance to businesses, nonprofit organizations and community groups, industries, and local and ...
Local development is a relatively young theory in social sciences based on the identification and use of the resources and endogenous potentialities of a community, neighbourhood, city, municipality or equivalent. [1] [2] The local development approach considers the endogenous potentialities of territories.
ARC relies on local regional planning agencies (local development districts) to develop effective strategies for local economic development. ARC has made investments in such essentials of comprehensive economic development as a safe and efficient highway system; education, job-training, and health care programs; water and sewer systems; and ...
Economic development has existed even at a basic level since the earliest recorded communities. However, in the US and several other countries, the concept of community economic development emerged "in response to tenacious poverty and the need for affordable housing, good jobs, affordable health care and quality of life matters needed for human existence."
The duties of local government in the United Kingdom concern the functions, powers and obligations of local government in England, Wales, Scotland and Northern Ireland. . While the Local Government Act 1972 and the Localism Act 2011 set out general powers to do anything necessary to fulfill their duties, and to act with full capacity (such as a limited company can), there is no codified list ...
An economic development corporation ("EDC") is an organization common in the United States, usually a 501(c)(3) non-profit, whose mission is to promote economic development within a specific geographical area. These organizations are complementary to Chambers of Commerce. Whereas a Chamber of Commerce promotes the interests of businesses in a ...
The Local Economic Assessment Package (also known as “EDR-LEAP” or “LEAP Model”) is a web-based, interactive database and software tool used by local and regional agencies in the US to improve strategies for economic development. It provides local economic performance measures, and benchmarks for comparison of economic development ...