New data show small local firms create less than a third of new jobs in rural areas and are unreliable employment sources because many fail within their first 5 years of business. Local planners should consider mix of corporate affiliates offering potential of many jobs and small independent firms. (NEC)

Aimed at stimulating new jobs in Appalachia, especially through creation/expansion of small businesses, the 1986 workshop attracted 200 participants from throughout the region, including state and local officials and community and business leaders. Workshops addressed new developments in capital opportunities, market development strategies,…

Through 1987, 10 percent of foreign investment was in nonmetro counties; 44 percent of this was in the South; and 38 percent of nonmetro foreign investment created new jobs (versus 17 percent in metro areas). Foreign investors chose nonmetro areas with low wages, lack of unionization history, good transportation access, and government incentives.…

West Virginia Governor Arch Moore discusses past and present changes in the Appalachian Region and in West Virginia spurred by the Appalachian Regional Commission. Changes in West Virginia's tax structure, job creation, economic diversification, and public energy facilities are noted as efforts to prepare for the future. (NEC)

Case studies on recreation, tourism, retirement homes, and information processing and distribution centers illustrate service industries subject to deliberate economic stimulation. The panel concludes that Appalachian communities may be missing major opportunities for development due to misunderstandings and "myths" about the economic…

This guidebook presents 64 profiles of successful economic development initiatives in the small towns and rural areas of 37 states. Intended for use by rural and small town leaders and rural economic development specialists, the guide provides ideas, encouragement, and an "insider perspective" on alternative rural development strategies.…

Some 280 industry, education, labor, and state and local government leaders exchanged information about how Appalachian programs can harness technology to make traditional industries more competitive, package capital for job-creating industries and business, launch service industries, match education with jobs, and fit displaced workers into the…

Describes funding of rural economic development by the Urban Development Action Grants program, 1978-88. Examines program operation, distribution of funds by region and industry, and costs per job created. Suggests that capital subsidy programs that require substantial investment by recipient firms can effectively stimulate rural growth. (SV)

An Appalachian Regional Commission-sponsored conference on entrepreneurship stressed that the availability of investment capital is important to economic development in Appalachia and other rural areas, but it is not enough. A local social and business culture that embraces entrepreneurship and risk-taking must be developed through…

Economic development efforts in small towns should focus on the birth, expansion, and retention of small enterprises. A consistent and rational policy towards new growth and an enthusiastic development team composed of individuals with knowledge of or access to others with knowledge of industrial sites, financing, utilities, labor, transportation,…

Describes Kentucky Highlands Investment Corporation (KHIC), a nonprofit community development organization that creates jobs and helps small manufacturing businesses succeed in nine "perpetually poor" rural Kentucky counties. Outlines KHIC services: loans for both expansion and working capital; equity and real estate investments;…

This annotated bibliography is designed to assist rural leaders seeking ways to effectively structure successful job development projects in their communities. The 120 entries are listed in the main body alphabetically by author, and are grouped in the index into categories reflecting Thomas's "seven hallmarks of successful rural development": (1)…

Examines changes in rural economies, and stresses the declining importance of resource-based industries (farming, forestry, mining) in most. Points to future growth in service sector, suggesting rural areas increase access to education, capital, telecommunications, and transportation to attract development. Contains graphs, table, and 20…

The Duke Endowment's Program for the Rural Carolinas is a 5-year effort to assist the revitalization of rural communities. Guiding principles of the program are that the rural Carolinas matter, this generation of workers matters, effective community development involves the entire community, solutions must be locally determined, healthy…