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Mesopartner Travels

The Hexagon of Local Economic Development

The Hexagon is a framework to organise LED training events. It organises the key issues in territorial development around six triangles. Moreover, it is the basis of a number of formats for quick workshops to clarify local stakeholders' perspective at LED.

 

The Hexagon is the sum of six triangles:

  1. The target group of LED: Local firms, start-ups, and external investors

  2. Locational factors: Tangible factors, intangible factors relevant for firms and for individuals

  3. Synergy: The relationship between economic development, urban / spatial planning and social development

  4. Sustainability: Combining economic, ecological and social development

  5. Governance: The relationship between the public sector, the private sector, and local communities

  6. Process: LED as an iterative process of analysis, action and adjustment

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Additional Resources

The Hexagon of Local Economic Development

Mesopartner Working Paper 15

The Hexagon of Local Economic Development

Mesopartner Working Paper 03

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