Transfer of Wealth in Rural America: Understanding the Potential, Realizing the Opportunity, and Creating Wealth for the Future

Transfer of Wealth in Rural America: Understanding the Potential, Realizing the Opportunity, and Creating Wealth for the Future
ISBN-10
0615558305
ISBN-13
9780615558301
Category
Charity organization
Pages
131
Language
English
Published
2011-12-02
Authors
Donald W. Macke, Deborah M. Markley, Ahmet Binerer

Description

Through this book, we hope to connect the American wealth opportunity and the historic intergenerational transfer of wealth that will occur over time with the entrepreneurial energy that will play a key role in creating future economic activity and wealth for our communities, rural and urban. The first section of this book focuses on understanding the American wealth opportunity. An important component of America's wealth opportunity relates to the intergenerational transfer of wealth that will occur over the next 50 years, and this book shares lessons from the Center's research in this area. The second section focuses on realizing the wealth creation opportunity. We will make the case for why the present time one characterized by serious constraints in the traditional resource environment in support of economic development is the right time to focus on creating an alternative, homegrown pool of development resources. The final section focuses on connecting wealth creation and entrepreneurship. For the past 10 years, the Center for Rural Entrepreneurship has worked to understand the promise that entrepreneur-focused economic development can offer rural communities and regions across the country and to share this understanding through a range of research, outreach and policy-related activities. We draw on this experience to make clear how entrepreneurs contribute to wealth creation and their role in the wealth pipeline from building individual, family and business assets to creating community wealth.

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