A New Form of Small Industrial Business in Rural Area: To Exceeding the Local Roots?

Abstract

What is the future for industrial companies in rural areas? In order to contribute to the thinking on this subject we decided to focus attention on rural SMI in good health in order to identify some potential avenues for business development opportunities in such areas. Two kinds of recommendation are usually advanced to support industrialisation in a rural setting: recourse to exogenous factors; and promoting the value of endogenous factors, providing the incentive to set up local production systems. Our observations of SMI in a non peri-urban rural setting outline a new way forward. The SMI studied rely on local factors, but are not limited by them – it is the linkage of the local and global scales that gives them their strength. They define the contours of a distinctive type of SMI, characterised by: an entrepreneur profile specific to urban executives; operating centred on specialisation; flexible working and membership of networks both local and national/international. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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