New PDF release: Community Revival in the Wake of Disaster: Lessons in Local

By Virgil Henry Storr

ISBN-10: 1137314893

ISBN-13: 9781137314895

ISBN-10: 1137559713

ISBN-13: 9781137559715

Explores the function of marketers in bringing approximately neighborhood rebound after mess ups, with specific consciousness to restoration efforts following typhoon Katrina and storm Sandy.

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Additional info for Community Revival in the Wake of Disaster: Lessons in Local Entrepreneurship

Sample text

When entrepreneurs fail to satisfy customers’ wants, they earn losses. Losses discourage entrepreneurs from doing what they had been doing before and suggest to other entrepreneurs that they need to find different or better ways of serving customers if they hope to succeed. The feedback from profits and losses is a powerful mechanism for making sure that entrepreneurs meet consumer demands and, therefore, behave in socially useful ways. T H E E NT RE P RE NE UR AS A DRIVE R OF SOCIA L C H A NGE 29 According to this view, noncommercial entrepreneurs do not have access to such a well-functioning feedback mechanism.

The ideological sea change that had to occur for the Bay Street Boys to lose political control over the colony cannot be overstated. The ideological entrepreneurs who controlled the PLP inspired a radical change in the thinking of Bahamian blacks. As a result of their efforts, Bahamian blacks altered their perceptions of their choice sets and began to see their current circumstances and their future prospects much differently than they had previously. Examples of these kinds of radical ideological and institutional shifts are not rare.

Furthermore, much of the literature that emphasizes the importance of local efforts also calls for federal coordination and oversight. ) and King (2007) suggest that better government planning and more comprehensive local government plans would help to speed up post-disaster recovery. ” Following a large disaster, the government’s ability to coordinate the activities of hundreds of thousands of displaced residents, build community confidence that recovery will succeed, and spur the return of residents is severely weakened because it faces a similar coordination problem to the one that displaced residents face.

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Community Revival in the Wake of Disaster: Lessons in Local Entrepreneurship by Virgil Henry Storr


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