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== Definition ==
In this perspective, it will be able to define the local economic development like the process of transformation of the economy and of the local society, oriented to surpass the difficulties and existent challenges, that looks for to improve the conditions of life of his population by means of an action decided and concerted between the different local socioeconomic agents, publics and private, for the more efficient and sustentable use of the existent endogenous resources, by means of the promotion of the capacities of local [[Entrepreneurship|entrepreneurship]] and the creation of some innovative surroundings in the territory. In this approach it is also considered the importance of the social capital and the links of cooperation with external agents to capture human resources, technicians and monetary, among others, that contribute to the local strategy of development
== Examples ==
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