Development of Local-economic-development Small and Medium Industries (Led-sme) in East Java

This paper presents the effects of Indonesian government’s developmental efforts of assistance and training performed on the growth of LED-SME business units and business performance. Both parameters of the government’s assistance and training were used to analyze the impact to the  growth and performance of business unit. To achieve a comprehensive result, samples acquired in this research were about 190 entrepreneurs and managers of LED-SME from East Java. Based on the parameters above, there are five hypotheses made to prove the relationship of the assistance and training to the growth and performance of business units. The structural equation modeling (SEM) was carried out to test the hypotheses. The results have shown that the government’s developmental efforts through both assistance and training for the LED-SME were capable on increasing growth and performance of business units. On the other hand, government’s developmental efforts through only trainings were incapable of directly affecting growth of LED-SME business units and performance. To improve the business unit and performance, the government needs to implement developmental principles of LED-SME with the basis of utilizing local natural resources and also the communities of LED-SME as main suppliers for their local markets. In addition, preservation and development of local cultural and traditional arts also need to be the government’s main concern.&nbsp

Local Economic Development Policies

This chapter seeks to provide useful advice for local government policy towards economic development programs. The chapter: reviews the size and scope of local economic development programs in the United States; critically analyzes the various rationales offered for these programs; makes recommendations for what local policy should do about business attraction and incentives, business retention, new business development, high technology development, brownfield development, distressed neighborhoods, and downtowns; and discusses how local economic development programs should be organized, managed, and evaluated.local, regional, economic, development, Bartik, Upjohn

Local Economic Development Incentives in New York City

This report provides the first systematic and comprehensive analysis of datasets on economic development incentives in New York City over the last fifteen years

Rethinking the State-Local Relationship: Local Economic Development

Examines issues involved in shifting responsibility for redevelopment and enterprise zones from the state to localities, including relaxing local funding constraints to give localities more authority and incentives to support the most effective programs

Economic Development through Retention, Expansion & Creation of Local Firms

PDF pages:

EVALUATING THE EFFICIENCY OF LOCAL ECONOMIC DEVELOPMENT POLICIES

This paper studies the way public authorities can fundament and evaluate the local economic development policies they want to promote, according to their efficiency. After presenting the relevant literature overview regarding the local economic development and its policies, we try to underline the importance of evaluating and prioritizing the local development policies and also to propose an efficiency-based model that we later use in building and evaluating local development policies scenarios. The research methodology is both descriptive, while presenting the theoretical framework, and empirical, while building scenarios and evaluating local policies. The obtained results show us that the local policy we tested is efficient, enabling new investments to bring bigger financial benefits than the cost needed to attract them.local development, policies, measuring, efficiency

Economic Development Strategies

This paper provides a guide to economic development policies for local government managers. Local economic development policies today include not only tax subsidies for branch plants, but also job training to provide workers to businesses, advice and support services for potential entrepreneurs, and extension services to help businesses modernize and export. To help local government managers, this paper suggests a number of guiding principles, including: local economic development should be pursued cooperatively across the local labor market; economic development programs should consider the quality of jobs created; tax subsidies are expensive per job created; development subsidies are more effective if the subsidy is frontloaded; high unemployment areas should be more aggressive than low unemployment areas in promoting job growth; many economic development services can be cheaply evaluated by business surveys.local, economic, development, Bartik

Increasing the Economic Development Benefits of Higher Education in Michigan

This paper considers how a state such as Michigan can increase the economic development benefits of higher education. Research evidence suggests that higher education increases local economic development principally by increasing the quality of the local workforce, and secondarily by increasing local innovative ideas. These economic development benefits of higher education can be increased by: 1) competent management of conventional economic development programs that focus on business attraction and retention; 2) policies that focus on increasing local job skills by educating the state's residents, as opposed to attracting in-migrants; 3) policies that address specific "market failures" in how higher education leads to increased workforce quality or business innovations.education, higher, economic, development, Michigan, Bartik, Upjohn

Public sector restructuring and regional development: the impact of compulsory competitive tendering in the UK

This paper contributes to the analysis of contemporary public sector restructuring in the UK through an evaluation of the impact of the introduction of compulsory competitive tendering (CCT) for the provision of local public services. Public services play an important stabilizing role in regional economic development but the introduction of CCT has undermined that role. Public service workers have suVered deteriorating levels of pay and conditions of service, and the capacity of local authorities to act to support local economic development has been reduced. Thus the introduction of CCT has undermined the contribution of local public services to the maintenance of interregional economic stability and to regional development

What Should the Federal Government Be Doing About Urban Economic Development?

The federal government should focus its policies towards economic development on areas in which the federal government has some unique advantages. Federal policy should: (1) discourage financial subsidies to specific large firms by state and local governments; (2) expand the federal role in economic development services in which national action has some special advantages, such as developing information on foreign markets, encouraging large national banks to be more involved in economic development, supporting the development of the "Information Superhighway," and encouraging new technology development; (3) provide modest support for state and local efforts to increase business productivity through technology extension efforts and customized job training programs; (4) encourage more and higher quality evaluation of state and local economic development programs; (5) support experiments that link economic development efforts with hiring the disadvantaged; (6) relax federal regulations, such as regulations on the cleanup of older industrial sites, that impede local economic development.urban, economic, development, federal, government, Bartik