Quality of local community

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- Though the concept of Corporate Social Responsibility (CSR) is vastly discussed in management literature little is known about its relation with community development at the local level. This paper makes an attempt to shed light on the current landscape of CSR activities within the automotive industry in India. Based on a multiple case study analysis comprising three foreign and two Indian MNCs a matrix of distinct CSR dimensions has been developed to detect high impact activities for improving living conditions of the local people. 

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Hessenauer, Corporate Social Responsibility: Multinational Corporations' Initiatives and their Impact on the Quality of Life of Local Communities. A study of the Indian Automotive Industry. 

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- Local Economic Development programs can be evaluated using the CIPP (context, input, process and product) model. Context can be seen as the goals for local economic development, the input are the plans to reach those goals, the processes are the actions taken to execute the plans and the product is the outcome of the actions. If the LED programs are effective quality of life of local people and competitiveness of the region should increase. Furthermore, collaboration between all relevant stakeholders should be enhanced more(both public and private sector, entrepreneurs). Lastly, institutions should facilitate the transfer of knowledge from participants through organized and planned events. 

 

Dewi, Deciding Evaluation in Local Economic Development.

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- If a local economic development program is a success depends on several factors. There are regional factors which are different for every program and general success factors. The general success factors are active participation of local stakeholders, awareness creation, leadership, collaboration between the public and private sector and involvement of local actors in the planning process.

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Leeuwen, Local Economic Development: An Investigation of Success Factors.

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- Local Economic Development is also about imbalance within a region or country, and how to reduce this imbalance. Several things are important for this. First of all, both national and local government should introduce a policy which reduces the imbalance and create coordinated economic and development. This can be done via preferential treatments, tariffs etc. Secondly, infrastructure should be improved in order to improve the quality of the regional and local community. Third, education should be improved in order to increase innovation and thus local economic development. Lastly, sustainable development should be more enhanced which can be done by the national and regional government or by local leaders.

Zhang, The Research of Regional and Local Economic Development in Intraprovincial Inequality.