Interview with David Wheeler, author of Creating Sustainable Local Enterprise Networks

Submitted by John Paul on November 30, 2005 - 18:13.
Date of talk or publication:
November 2005
Organization:
World Resources Institute
Description:
Multinational companies (MNCs) have a significant role to play in private sector strategies aimed at benefiting markets at the base of the pyramid (BOP). From a development perspective however, the role of local actors, especially indigenous small and medium-sized enterprises (SMEs), may be equally or perhaps even more important. There is now a growing body of research on the value of local enterprise networks or market-oriented ecosystems that - in addition to SMEs - include micro-entrepreneurs and NGOs; that often include local communities, cooperatives, and microfinance organizations; and that sometimes include donors, government actors, and large corporations. This local enterprise network approach holds the promise of delivering a broad range of sustainable outcomes that benefit the world’s poor.

Professor David Wheeler of York University analyzed this new approach in his piece Creating Sustainable Local Enterprise Networks, recently published by MIT’s Sloan Management Review. We spoke with Prof. Wheeler and asked him to further explain the model and its significance.
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