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ERIC Number: ED536034
Record Type: Non-Journal
Publication Date: 2009
Pages: 8
Abstractor: ERIC
Reference Count: 16
ISBN: N/A
ISSN: N/A
Wisconsin Inventor & Entrepreneur Clubs: Investment in an Innovative Approach to Entrepreneurship. Rural Research Report. Volume 20, Issue 1, Winter 2009
Wise, Greg
Illinois Institute for Rural Affairs
Research on entrepreneurship in rural areas has increasingly stressed the importance of a supportive environment and social networks in enhancing innovation. This report examines a novel approach to promoting entrepreneurship using regional Inventor & Entrepreneur (I&E) Clubs. A telephone survey of 21 I&E Clubs was completed to collect information on how they were established and organized as well as to document the out-comes of their activities. More than one-third (38%) of the clubs reported that new jobs had been created in their region because of participation in the club. The same number of respondents indicated at least one new patent had been filed by a member as a result of participation in the club. Similarly, 29 percent of the respondents reported members have received grants for research or business idea development. Several noted distance and lack of population density as major obstacles to promoting entrepreneurship in rural areas. Wisconsin I&E Clubs address these obstacles by providing a local venue for net-working among entrepreneurs, as well as for linking participants into a larger system of support services outside the community. Wisconsin I&E Club Survey is appended. (Contains 4 figures.)
Illinois Institute for Rural Affairs. Western Illinois University, 518 Stipes Hall, 1 University Circle, Macomb, IL 61455. Tel: 309-298-2637; Fax: 309-298-2142; Web site: http://www.iira.org
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Western Illinois University, Illinois Institute for Rural Affairs
Identifiers - Location: Wisconsin