Successful innovation depends on being able to looking at widely and aheadâ¦Innovation is a process not a single event. (Joe Tidd, John Bessant and Keith Pavitt 2001) 1. Introduction Promoting development in rural areas is a slow and complex process. It requires simultaneous activity in various sectors, in an environment undergoing rapid, sometimes vaporific change. The change comes from internal as well as foreign processes such as privatization and world(prenominal)ization, by forces appearing scattered and disparate (Bauman 1998). What is the lot of rural societies in this change? Just to sort out to a rapidly changing and highly competitive planetary economy (World Bank 2005, 61), or to have a to a greater extent innovative and proactive role? When even well-informed researchers pass on the character of the present global processes, admitting that they do not yet fully understand what is happening in the global economy (see Dicken, Kelly, Olds and Yeung 2001), how can we then expect the rural paltry to understand new global trends, respond to new challenges and court opportunities? For this reason alone, it is important for all stakeholders to work together and advert which aspects of globalization will affect the livelihoods and welfare of the rural execrable and how. But we need deep analysis.

We must critically crumple global processes from the point of view of indigenous and endogenous acquaintance systems, and ask whether local knowledge systems and social systems can bed with ever rapid change. 2. Global Challenges and Opportunities While the present trends, challenges and opportunities are getting somewhat clearer, the efforts required to address them remain slight clear. _______________ The responsibility for opinions expressed in this paper rests solely with the power and does not constitute an endorsement by IFAD. 2 Globalization is a major source of change. It is a complex process, consisting of global acumen of... If you want to get a full essay, order it on our website:
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