Sustainable economic development is a process of investment, value creation, and reinvestment to expand the economic engine. Those economic engines that are able to provide a consistent and solid return on investment are able to draw in new resources and investments that keep the circle of influence growing. The system becomes a perpetual changing machine that develops new innovations and efficiencies that translate into market impact. To formalize this concept let us consider an example of an investor that contributes $100 into a business venture in hopes of earning higher revenue than what their local bank can offer. The success of a higher return on investment is based within the ability to raise the value of that money through new products and services that are sold on the international market for a profit. The ability to raise value is based in labor skill, the cost of obtaining resources, the technology available to increase the productive aspects of the system,
A blog on current political issues, civic & business development, research & science, art, Higher Ed. and national development. While topics might vary among the six+ genres it should appeal to those who are interested in exploring the possibilities in new directions. The blog's home is Escanaba Michigan.