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Economic Gardening: A Homegrown Approach to Growth

April 29, 2014View for printing

Welcome to the Federal Reserve's Economic Development podcast series. I'm Julie Gunter with the Federal Reserve Bank of Dallas.

Can an economic development strategy that is focused on fostering small businesses and a culture of local entrepreneurship truly grow a local economy? While these approaches have been actively deployed in some communities as a defined strategy, what results have been achieved?

Today we'll hear from two groups who will answer those questions. The Kansas City Fed's "Grow Your Own" research focuses on approaches that seek to grow small businesses and encourage local entrepreneurs. And Gallup's researchers and economists embarked on a decadelong study to identify talents that successful entrepreneurs possess, and from that developed their Entrepreneurship StrengthsFinder.

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