Technological Innovation, Economic Growth and Sustainability
Building Blocks for Economic Sustainability
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Transcript of Building Blocks for Economic Sustainability
Building Blocks for a Sustainable Local Economy
May 2010
Working Hypothesis
• Ongoing, Effective Participation in the Global Economy Results from an Established Foundation of Multiple, Interdependent Sustainable Local Economies
Basic Economic Power Triangle
Capital
Control
ProcessProcess
PowerPowerPowerPower
PeoplePeoplePeoplePeople
Outputs
Basic Flow of Consumption
Inputs ProcessProcess
PowerPowerPowerPower
PeoplePeoplePeoplePeople
Global Consum
ptionGlobal Competition
Global Resources
Global Supply
The Global Problem
ProcessProcess
PowerPowerPowerPower
PeoplePeoplePeoplePeople
Global Competition
Global Resources
Global Supply
ProcessProcess
The Local Solution
PowerPowerPowerPower
PeoplePeoplePeoplePeople
Global Consum
ption
Global Competition
Global Resources
Global Supply
Emergent Sustainable Local EconomiesG
lobal Consumption
Health / Wellness
Education / Training
Food / Water Systems
Do-It-YourselfSystems
Wants
Communication
AdvantageCurrency
GovernanceEntrepreneurship Renewable
Energy Systems
DeliverNeeds
ComplementGlobalization
RetainCapital
ReinvestIn People
Security / Safety
Transactions Systems
Building Blocks for Sustainable Local Economies
Communications
Health / WellnessEducation / Training
Governance
Advantage
Food / Water Systems
Renewable Energy Systems
Do-It-YourselfSystems
Security / Safety
Transactions Systems
Wants
Entrepreneurship
Currency
Rules and Metrics for Sustainable Local Economies
Communications
Health / WellnessEducation / Training
Governance
Advantage
Currency
Food / Water Systems
Renewable Energy Systems
Do-It-YourselfSystems
Security / Safety
Transactions Systems
Wants
EntrepreneurshipDeliver Needs
Complement Globalization
Retain Capital
Reinvest in People
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Rules Metrics