Enacting local economic development – theoretical and methodological challenges

Purpose – The aim is to provide a conceptual framework that from a local perspective positions alternative ways to cope with the challenges of a globalising world.Design/methodology/approach – The notion of “organising context” is introduced as an ideal setting for business and community development processes as collective entrepreneurial efforts. A 3D model proposes means of structuring contemporary public discourses on local economic development. A bridging “virtual” logic is suggested that crafts and enacts localised entrepreneurial opportunities by bridging the territorial logic and the functional logic. The practices of these three rationales are illustrated by cases on community development in the Swedish rural setting.Findings – The globalisation of the world offers challenges to every individual, organisation and location. These contests can either be considered as openings for development or as threats which trigger defensive measures and ultimately produce lock‐ins. Local leadership and entrepre...

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