About the course
Local economic growth through Private Sector Development
Private sector development and private sector job creation are at the heart of local economic development. In the MSM vision on local economic development, economic growth depends on both the capacities of the private sector and on creating an eco-system that supports private sector development.
The Private Sector Development program consists of two blocks of one week each and dives into these two aspects of private sector development. During the first week the focus is on Small & Medium Size (SME) Business Development in Emerging Economies. This program gives a general introduction to small business development in emerging markets in relation to the enabling environment and agricultural markets. The second week focus more specifically on Building Triple Helix Partnerships as and eco-system for local economic development.
Small Business Development in Emerging Economies
In the first week the focus is on the role of the indigenous, local private sector in the development process of emerging economies and in particularly the agricultural sector. In emerging markets, the private sector consists for more than 98% out of Small but Growing Businesses (SGB’s), also referred to as Micro, Small and Medium Scale Enterprises (MSME’s), that operate to a large extent in the informal sector. This is one of the reasons why we know relatively little about them. Yet, MSME’s are the key players in local economic development. What factors have led to their growth and what factors have held them back? To what extent do local MSME’s adhere to ESG (economic, social and governance) standards? This course will touch upon the most important topics related to development of the private sector and provide ample ground for debate and reflection.
Building Triple Helix Partnerships
Innovation is at the heart of economic development. Innovation is expensive and many businesses - especially small businesses - cannot afford R&D units. Government mainly seek to drive innovation through funding research in universities and hope that research outcomes maybe relevant to industry and address development challenges. Companies also have R&D and strategy units to drive innovation. However this is inefficient, Universities may pursue a research agenda that is not relevant to industry. Industry driven research maybe too narrow to help drive overall economic transformation. A win-win situation is possible if the government, university and industry collaborate in terms of developing research agenda and pooling resources and thus hastening pace and relevance of innovation. This is the so-called Triple Helix Model.
Small Business Development in Emerging Economies At the end of the first week you:
- Understand the role of the private sector, especially MSME’s, in emerging markets and its significance for economic and social development.
- Understand the discussion on the ethical, social and ecological boundaries of private sector activity.
- Know how to reflect on the development of local MSME’s, the opportunities and constraints. Gain deeper knowledge of appropriate management systems for MSME’s in emerging markets, including finance, HR, operations and marketing.
- Understand the relationship between the business and its enabling environment and markets
Building Triple Helix Partnerships At the end of the second week you:
- Will understand the benefits and key pre-requisites of a triple helix platform, the elements of a triple helix arrangement and the role of various parties
- Can explain about approaches to build a Triple Helix Platform
- Develop tools to assesses Triple Helix readiness and strategies for improving readiness
- Gain the skills to develop, implement and monitor a Triple Helix Driven innovation strategy
- Will learn how to identify an option for local economic development and the potential for a Triple Helix Partnership with a particular focus on how it can support the upgrading of agricultural value chains.
Small Business Development in Emerging Economies The following topics will be discussed in this program:
- Entrepreneurship and business start-up
- Business growth
- Organizational development and management
- Local, regional and international markets
- Enabling environment
- Business partnership and networks
- Local economic development like Global Value Chains (GVC’s)
- Business ethics
- Private sector development programs
Building Triple Helix Partnerships The following topics will be discussed in this program:
- Conceptualizing Triple Helix partnerships
- Designing Triple Helix Partnerships
- Implementing Triple Helix Partnerships
- Application of triple helix partnership to power agribusiness
- Students Case Studies
Reasons to follow
- You will understand the nature of small agri-businesses and what role they can realistically play in the framework of local economic development as well as social and environmental issues;
- You will develop the skills to development, implement and monitor a Tripe Helix driven innovation strategy
- You gain knowledge on how triple helix model has been applies to build agribusiness focused clusters
Mr Dellevoet, from The Netherlands, holds a Masters in Law from Maastricht University (the Netherlands) and a Masters Degree in Political Science from Leiden University (the Netherlands). Mr Dellevoet is an expert in private sector development, development finance, corporate social responsibility...
Dr. Julius Gatune is a highly experienced policy expert. He researches and advices governments across Africa on issues of economic transformation. His areas of focus include: Innovation with a focus on leveraging Triple Helix Model to drive Local Economic Development (LED), Economic transformatio...
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Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.
We are happy to help you find a suitable online alternative.