Entrepreneurship Development Systems

1
Entrepreneurship Development Systems

• Principles, Objectives and Challenges of
  Implementation

2
Brief History

• Evolution of the Rural Entrepreneurship
  Movement
• Where are we now product development and
  testing, early stage implementation
• Key question for all of us how do you transform
  a rural region?
• Consensus view regional transformation requires
  a systems approach ? EDS

3
Requires Systems Thinking

• A shift of mind from seeing parts to seeing
  wholes, from seeing people as helpless reactors
  to seeing them as active participants in shaping
  their reality, from reacting to the present to
  creating the future.
• Senge

4
EDS Defined

• Kellogg/CFED Mapping Rural Entrepreneurship
• A coordinated infrastructure of public and
  private supports that facilitate entrepreneurship
  
• Kellogg/CFED EDS Project and others
• Refined principles and objectives of EDS

5
EDS Principles

• Entrepreneur focused driven by the true needs
  of entrepreneurs
• Inclusive of all types of entrepreneurial
  talent, of underrepresented populations and
  communities in terms of leadership
• Asset based building on the regions assets
• Collaborative (1) leadership across private,
  public and non-profit sectors and (2) engagement
  of service providers
• Comprehensive and integrated addresses all
  elements of an EDS and integrates
  entrepreneurship into other aspects of regional
  economy

6
EDS Principles contd.

• Community-based but regionally-focused rooted
  in communities but connected to the resources of
  a region
• Linked to policy informing economic development
  policy (local and state) through the
  demonstration of entrepreneurship in communities
  and regions
• Sustainable over time entrepreneurship
  development is a long term strategy, the systems
  must be sustainable over time as well
• Continuous improvement articulating and
  measuring outcomes that reflect the goals of EDS,
  and being flexible enough to revamp, retool, and
  rethink the practice as you move forward

7
EDS Objectives

• To create a pipeline of entrepreneurs by
  nurturing entrepreneurial aspirations in youth,
  identifying and supporting potential
  entrepreneurs, and fostering an
  entrepreneur-friendly environment that attracts
  entrepreneurs
• To implement a system of support for all
  entrepreneurs
• To foster a supportive policy and cultural
  environment of entrepreneurship within the
  public, private and non-profit sectors

8
Distinguishing Feature of EDS

• Focuses on all three objectives
• Building a system of support for entrepreneurs
• And
• Creating entrepreneurial communities/regions
• Changing the culture of rural people and places
• Fostering public policy environment leading to
  investment in the EDS
• Encouraging making a job not just taking a
  job attitude among youth

9
Road Testing the EDS Concept

• EDS Principles and Objectives reflect best
  thinking from the trenches of rural
  entrepreneurship
• How did we do?
• Stood up to scrutiny of proposal process
• Provided organizing framework for work in the
  field
• Some collaboratives are moving forward with EDS
  concept without Kellogg support

10
Laboratories for Innovative Development of EDS

• Conclusion EDS concept has merit
• Kellogg Collaboratives laboratories for
  examining the potential and impact of
  implementing an EDS
• At the end of this grand experiment, provide
  insight into the key question Can an EDS be an
  instrument for regional transformation in rural
  America?

11
Right Now

• It is all about the implementation!
• No one model for getting to an EDS may employ
  different vehicles to achieve objectives
• Charting a course, not following a road map
• Requires entrepreneurial thinking and behavior by
  participants in collaboratives
• All of you reside on the rural entrepreneurship
  innovation frontier it is a challenging place
  to be