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Showing posts with the label company connection

The Interactivity within Economic Hubs Produces Financial Value

The value of an economic hub is its ability to draw in new resources and convert them to higher value products for exportation. The economic value of a system can be seen as the total value of exports minus the total value of imports. In other words, the cost of materials and production input should be of lower value than the export of higher end value products. Effective hubs create value by using their connections and resources in an effective manner to generate sustainable financial resources. Markets have large, medium and small businesses that contribute to the development of strong hubs through the interaction of resources, communication (business and social), and innovation that turns lower value inputs into larger exports. The more effectively the business and social community can work together the more the economic system can grow for the benefit of all members. In the diagram these transactions are noted in blue and may be larger or smaller based upon the value