definition: asset-based development
"Asset-based development can be defined as a strategy that builds on existing resources -- natural, cultural, structural, and leadership -- to create valued products and services that can be sustained for local benefit. ... The key is to identify the potential within a community and maximize its impact, developing new revenue streams by turning perceived liabilities into strengths, or developing untapped natural and cultural resources into desired products and services."
-- from Asset-Based Development Regional Initiative, Appalachian Regional Commission
For more on the origins and aims of asset-based development, see "Asset Based Community Development: A Model for Nebraska Communities?" by John C. Allen (pdf file). See also The Asset-Based Community Development Institute web site.







