EconomyJun 09, 2022
Entrepreneurship in Rural Areas: A Framework for Local Economic Development in Lebanon
- Lina S. Maddah
Necessity-driven entrepreneurs (NDEs) are individuals who start microbusinesses out of economic necessity and to compensate for a lack of other job opportunities. These businesses constitute a large portion of informal employment in Lebanon and struggle with precarious work conditions, especially in rural areas. Still, this form of entrepreneurship provides a much-needed source of livelihood for a large number of Lebanese families during the crises.
In this brief, LCPS Economic Researcher Lina S. Maddah highlights the common challenges confronting NDEs, and outlines targeted actions to reduce the economic, socio-cultural, and financial barriers facing entrepreneurs, particularly in rural areas. Her analysis is based on an understanding of the rural entrepreneurship context, growth dynamics of low-density economies, the role of local institutions, and entrepreneurial cultures. The brief concludes by proposing effective economic policy measures to promote rural NDE activities and economic growth.Lina S. Maddah is an Economic Researcher at the Lebanese Center for Policy Studies (LCPS). Her areas of work include economic development, regional economics, industrial location, firm dynamics, and cultural and creative industries (CCIs). Maddah holds a Ph.D. in Economics from Universitat Rovira I Virgili (URV), Spain. Before joining LCPS, she completed an internship at the Organisation for Economic Co-operation and Development (OECD) in Venice, Italy; was a visiting researcher at the Regional Economics Applications Laboratory at UIUC, USA; and an economic researcher at the Department of Economics at URV-Spain. She is the recipient of the Martí I Franquès COFUND Fellowship (2017-2020), a project funded by the European Commission. She has participated in several national and international economic platforms that dealt with regional science, CCIs and local development, and economic geography.