Institutional Reform and Innovative Health Care Service Solutions via Microeconomic Intentional Community Business Development
Fiedler, Beth Ann
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The process of fusing social capital with the principles of entrepreneurship into community development can be the premier solution to the growing gap in the capacity of national, state and local agencies in addressing increased societal needs with diminishing funds. Investments made with a community approach led by institutions who embrace this approach can become a more cost effective solution to address societal needs while providing economic opportunities in a service-oriented environment. Significant areas of development include the increased need for alternative health care solutions for the increasing elderly population. As a result, a business plan called “Retire Eaze” was developed to address the transitioning needs of the aging population. Used as a preliminary model that focuses on elicitation of business development, the business plan advocates the creation of local health care and other required services as business solutions for under-serviced areas in the community. The concept of microeconomic intentional community business development (μICBD or micro ICBD) that addresses societal needs has the potential to produce recognizable and fiscally sustainable businesses that can optimize existing resources and generate bridges between various resource repositories at the local, state, national and international levels. The corporate actions of such activity can inspire community growth, provide required services, and develop internal institutional mechanisms that address human development needs where they are most needed.