Community entrepreneurship - cases and conceptualization

As starting and managing a small business means both social and economic risk taking so is building a robust community a social as well as an economic endeavour. Such a community is a most vital context for entrepreneurship. If located in a remote area and if the environment is hostile cooperation is stimulated between firms and other community groups. Their success is especially ascribed to qualified community entrepreneurship, i.e. personal and innovative ways of building support for local autonomous entrepreneurs. An integrative approach to local economic development is illustrated by two successful, albeit contrasting, Swedish cases. The cases are reviewed with the help of a conceptual framework that particularly points out the importance of local and global networking in both community and autonomous entrepreneurship. In a mixed economy such networks must be carefully managed and encompass linkages on, beside the market, institutional and political arenas. The very role of the community entrepreneur is to bridge these different settings through alert leadership, if required organized as a team.