Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/107565
Authors: 
Varady, David P.
Kleinhans, Reinout
van Ham, Maarten
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers 8777
Abstract: 
Through a review of the recent American community development literature, this paper tests the assertion that British community enterprises (CEs) are fundamentally similar to American community development corporations (CDCs), and therefore, that CEs can learn from CDCs. In the context of the current austerity regimes, CEs and community entrepreneurship are increasingly considered as a means to continue small-scale urban regeneration, not only in the UK but also in several other European countries. While the CDC sector has achieved a relatively successful record in affordable housing production in distressed areas, CDCs are fundamentally limited in terms of reversing the processes of community decline. Our comparison of CDCs and CEs reveals similarities, but also differences with regard to organizational characteristics, co-operation on multiple scales, comprehensiveness, targeting and community participation. Apart from outlining lessons that CEs can learn from CDS, we provide recommendations for further research that should cover the lack of empirical evidence in this field.
Subjects: 
community development corporations
community enterprises
neighborhood revitalization
entrepreneurship
regeneration
United States
United Kingdom
JEL: 
L26
L31
R23
Document Type: 
Working Paper

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