Enterprise, Wealth Creation and Place: A Case Study of the Liverpool City-Region
Enterprising Places: Leadership and Governance Networks
ISBN: 978-1-78350-642-2, eISBN: 978-1-78350-641-5
Publication date: 1 January 2014
Abstract
Purpose
This chapter explores the importance of place in the creation of new enterprise and wealth.
Methodology/approach
The chapter deploys a case study of the Liverpool city-region and provides a critical review of the conditions for small enterprise in the locality, with attention paid to enterprise in low income communities.
Findings
The argument here suggests that place and public investment are important contributory factors to help understand how enterprise can contribute to wealth creation.
Research limitations/implications
Further work is required to comprehend the wider aspects of enterprise in the context of place and particularly its relevance to low income communities.
Practical implications
Policy makers may acknowledge how enterprise as a tool of wealth creation can reinforce local dynamics of social and economic exclusion and that the nuance of place needs to be taken into account.
Social implications
Small enterprises have a wider potential beyond their economic role to impact local communities.
Originality/value
There are some studies in entrepreneurship that consider the propinquity between enterprise, place and wealth creation although placing this in the context of local economic decline and low income communities is a relatively under researched and misunderstood domain.
Keywords
Citation
Southern, A. (2014), "Enterprise, Wealth Creation and Place: A Case Study of the Liverpool City-Region", Enterprising Places: Leadership and Governance Networks (Contemporary Issues in Entrepreneurship Research, Vol. 3), Emerald Group Publishing Limited, Leeds, pp. 227-257. https://doi.org/10.1108/S2040-724620140000003016
Publisher
:Emerald Group Publishing Limited
Copyright © 2014 by Emerald Group Publishing Limited