We will rebuild our national and world economy by focusing on the critical building blocks – the local economy and building an entrepreneurial class. You can participate or watch what is going on by tapping into these websites:
www.FairfieldFirst.biz • www.FairfieldFirst.ning.com • Fairfield First! on Facebook
My article, Turning Fairfield, Iowa into a Rural Renaissance City: The Power of the Entrepreneurial Class Class is in the current International Economic Development Council Journal.
Here is an excerpt –
"A new paradigm of entrepreneurial development was developed in tiny Fairfield, Iowa and resulted in the creation of America’s leading rural renaissance city, teeming with more jobs than the folks who live there and creating an arts community as robust as cities 100 times its size. Fairfield is sixty miles from the nearest interstate and over 100 miles from the nearest metro. It started with the growth of the entrepreneurial class and the Fairfield Entrepreneurs Association as a nextgeneration economic development organization that taps into the collective wisdom of entrepreneurs. Once a culture of entrepreneurship was established in the city, it became self-perpetuating and spilled over into the social and civic fabric of the community.
What is the value of the entrepreneurial class? Between 1980 and 2005, firms that were less than five years old created virtually all-net new jobs created in the U.S. That was nearly 40 million jobs, according to Robert Litan, director of research at the Kauffman Foundation. Two thirds of all inventions come from entrepreneurs…"
You can read the entire article by clicking here:
The 2011 Fairfield Edge magazine referenced in the article is being printed as we speak and should be available in a week or so.