1. Besser, T. (2013). Resilient small rural towns and community shocks. Journal of Rural and Community Development, 8.1, 117-134.
2. Blanchard, T.C., Tolbert, C., & Mencken, C. (2012). The health and wealth of US counties: how the small business environment impacts alternative measures of development. Cambridge Journal of Regions, Economy and Society, 5.1, 149-162. Available at: http://businessreport.com/editorial-pdfs/small-business-study.pdf
3. 2013 Independent Business Survey. (2013). Institute for Local Self-Reliance (ILSR). Available at: http://www.ilsr.org/wp-content/uploads/2013/02/2013-Survey.pdf.
Local Business Vitality
The HCI uses the proportion of small, locally-owned businesses (i.e., 0-4 employees) within a neighborhood to determine local business vitality. This measure is an indication of the strength of a community’s entrepreneurial culture. It has been linked to healthier residents as indicated by lower rates of mortality, obesity and diabetes. In small communities, “local capitalism” or the proportion of small businesses owned by local residents appears to promote greater economic stability and a high level of resident socio-economic well-being. Local business vitality is found under the economic health domain, but it is also relevant to employment, social cohesion, and neighborhood characteristics.
|Lower South Providence||50.2%||22|
|Upper South Providence||50.8%||18|