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The Business of Enterprise
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Publish Date: 01 April 2002


Meeting the challenge of economic development through business and community partnerships


A sourcebook profiling examples of good practice from around the world


The great debate on the advantages and failings of economic globalisation often obscures the reality that the vast majority of people earn their living by participating in local enterprise, either as self-employed or as employees of small medium and micro enterprises.

Employment in large national and international companies remains an important ingredient in the world’s economic life, but advances in technology, subcontracting and outsourcing combine to limit its growth. At the same time, large companies clearly have a business interest in participating in, supporting and encouraging vibrant local, national and international economic activity where enterprises of all shapes and sizes play complementary roles.

The main barriers to small, medium and micro enterprises playing their full parts in economic activity are lack of knowledge, skills and technology, which large companies have in abundance. Increasingly these large companies are learning to share their resources and the skills of their employees with business partners and their host communities, to mutual advantage.

The Business of Enterprise profiles examples of successful business linkages between large companies and local enterprises from around the world - the drivers that led to action, the business links, the nature of the support from the large company, the outcomes and the lessons learned. Some initiatives look to develop supply chains and some help to build local communities, while other projects give previously marginalised groups access to economic activity. In all cases, benefits flowed to all the participants, and the example initiatives make a powerful business case for large companies engaging in such enterprise development.

The sourcebook draws from these experiences to encourage and support business linkages and provides a framework for planning and implementing the appropriate activities.

Download an executive summary of the Business of Enterprise


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