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 The University of Tennessee | Institute of Agriculture

Tennessee Rural Economic Development




Entrepreneurship


New Growing Your Own Jobs
October 7, 2009
Presentation presented at the Tennessee County Services Association meeting on October 7th in Chattanooga.

Trend Reports
Extending the Market for Local Talent Beyond Local Borders

The purpose of this program is to provide educational information to rural entrepreneurs on the benefits and methods of utilizing e-commerce to expand their potential market. This training is unique in that is uses a combination of traditional classroom teaching and the opportunity for participants from agriculture, the arts, crafts and other traditionally rural sectors to exchange ideas and learn the basic ‘in’s’ and ‘out’s’ of e-commerce. Participants will actively engage with local business owners and will ultimately strengthen their businesses.


Schedule for Extending the Market for Local Talent Beyond Local Borders
Date Destination Topic Location Site Visits
8/28/09 Stewart Artisans, e-commerce and the Local Economy Dover Public Library Farmers Market, Bakery, Artists
9/25/09 Dickson Using Technology in the Artisan Business Dickson Extension Office Catering Business,
Railroad Museum,
Web Designer,
Agritourism
10/30/09 Robertson Developing your e-Marketing plan Adams Community Club Shade Tree Farm,
Bell School,
Main Street Adams
11/13/09 Humphreys Filling your e-Commerce toolbox Waverly Ag Center Artist Guild
12/11/09 Houston Designing and maintaining your website Erin Youth Center Commercial Kitchen
2/19/109 Cheatham Promoting and sustaining your e-commerce venture Ashland City Library or TSU Farm  

 

Trend ReportsEntrepreneurship and Economic Development in Tennessee
TN. March 6, 2009
Presented at First Friday Forum sponsored by the Jackson Chamber of Commerce in Jackson
Michael Wilcox and Dayton Lambert
News article in Jacksonsun.com

Trend Reports Entrepreneurship in Tennessee: Striving for Success
November 2008
Dr. Michael D. Wilcox, Jr and Dr. Dayton M. Lambert
Department of Agricultural Economics
Entrepreneurship has received an increasing amount of attention among researchers, economic development professionals, policymakers and local government officials, as the singular emphasis on industrial recruitment broadens to a more comprehensive strategy that encompasses business creation, retention and expansion. Entrepreneurs continue to play an ever more important role in Tennessee’s economy, generating more than $23 billion (in the form of total nonfarm proprietor income or $31,693 per nonfarm proprietor) or 12 percent of total personal income. This constituted 84 percent of all Tennessee employer firms (in the form of firms with fewer than 20 employees) and made up nearly 20 percent of Tennessee’s 3,724,901 total jobs in 2006.
Watch the video promotion on YouTube
Listen to the presentation of findings audio file
PowerPoint Presentation
Executive Summary
Knox News Article
Accent on Agriculture audio file

Trend Reports Tennessee Losing Entrepreneurs in Rural Areas
September 22, 2008
WPLN News Transcript

Trend Reports Entrepreneurship in Tennessee: Striving for Success
September 15, 2008
Invited Presentation at the 2008 Economic and Community Development Governor's Conference, Nashville, TN
Michael D. Wilcox, Jr. and Dayton M. Lambert

National Reports What Does 'Entrepreneurship' Data Really Show
August 2008
This paper compares two datasets designed to measure entrepreneurship. The Global Entrepreneurship Monitor dataset captures early-stage entrepreneurial activity; the World Bank Group Entrepreneurship Survey dataset captures formal business registration. There are a number of important differences when the data are compared. This discrepancy can be interpreted as the spread between individuals who could potentially operate businesses in the formal sector - and those that actually do so: In other words, GEM data may represent the potential supply of entrepreneurs, whereas the World Bank data may represent the actual rate of entrepreneurship.
Zoltan J. Acs, Sameeksha Desai and Leora F. Klapper
World Bank Policy Research Working Paper No. 4667

National Reports Self-Employment in Rural America: The New Reality
Rural Realities, Vol. 2, No. 3 (2008)
This latest installment of the Rural Sociological Society’s policy brief series offers a snapshot of how self-employment is playing out in different locales across the country, with a particular focus on rural areas.The brief also provides key directions for policymakers in supporting and advancing local self-employment. SRDC
Stephen J. Goetz

National Reports The Voices of the People: Strategies for Expanding Entrepreneurship in the Rural South
April 2007
The Southern Rural Development Center, in partnership with its fellow Regional Rural Development Centers and the National Coalition for Rural Entrepreneurship, conducted nine listening sessions around the South to gain insight into the state of entrepreneurship in rural communities and to better understand which policies and programs can help foster entrepreneurship in these areas. The findings represent a core set of activities that must be launched if rural communities in the South are to be successful in creating an environment where entrepreneurship is promoted, nurtured and sustained over the long term.

Trend Reports "Does Place Contribute to Creativity, Entrepreneurship and Innovation?"
December 7-8, 2007
Paper Presented at "Creativity, Entrepreneurship, and Organizations of the Future," a Harvard Business School Centennial Colloquium
Timothy R. Wojan, Economic Research Service, USDA; Dayton Lambert, University of Tennessee and David A. McGranahan, Economic Research Service, USDA

Trend Reports Aligning the Stars - An Introduction to Developing Entrepreneurial Communities in Tennessee
Michael D. Wilcox

Trend Reports Entrepreneurship - Building Community Wealth: A Small Business Development Workshop   

National Reports Strategies for Sustainable Entrepreneurship
2005
You will find five key strategies for supporting rural entrepreneurs elaborated in this book. An entrepreneur’s story illustrates the success of each strategy. The concluding section offers research on the importance and effectiveness of the strategy and the essential role of public policy.

Tennessee Report Braving the Waters: A Guide for Tennessee's Aspiring Entrepreneurs
2003
Jolyn Pope