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stock. ADDITIVE ENTERPRISES <br /> • Dark factories: fully automated facilities offering no local job base. <br /> • Vacation/short-term rental (AirBnB, VRBO, etc.) portfolios owned out-of- Additive Enterprise <br /> region: shift housing from residents to tourists, with revenue leakage. Definition:Additive firms generate <br /> external revenue by selling goods <br /> Externally owned casinos: target local customers without bringing in <br /> • or services outside the region, thus <br /> outside revenue. <br /> • Company Towns bringing new financial capital into the <br /> • Enclave Industries Y community. Often labelled as "base <br /> industry" enterprises. <br /> ;_ <br /> RETENTIVE ENTERPRISES Characteristics: <br /> • Expand the economic base <br /> Retentive Enterprises May relyon relatively e <br /> low-wa <br /> Definition: These firms replace T g <br /> imported goods and services with Time or low-skill labor <br /> locally produced equivalents, retaining Provide positive but modest <br /> value that would otherwise leave the M contributions to long-term <br /> region. Situations are essential for Examples: prosperity <br /> retaining regional profits. • Food processing plants: process locally grown products for national <br /> markets. <br /> 0 <br /> Characteristics: • Telemarketing centers: export service work with limited career progression. <br /> • Primarily serve local markets • Low-skill manufacturing operations: bring jobs but rarely promote <br /> • Typically, non-base industries. innovation or regional integration. <br /> • May provide modest job creation Time <br /> but limited wage growth Additive enterprises increase total income in the community but rarely build <br /> • In positive cases, additional enterprises help a community retain revenues upward mobility or innovation capacity. <br /> otherwise spent in other locations. <br /> • In negative cases, additional enterprises reduce revenues spent in other ACCELERATIVE ENTERPRISES <br /> enterprises in the local ecosystem by directly competing in a community's Accelerative Enterprise <br /> limited market. Definition:Accelerative firms not <br /> only add value to the local economy, <br /> Wealth Retaining Examples: but they also increase the region's <br /> • Locally owned restaurants: circulate money locally and reflect community capacity to grow more high-value firms <br /> character. in the future. <br /> • Auto repair shops, hair salons, and service-based m icroenterp rises E <br /> • Local hotels and motels, if locally owned and managed 0 <br /> • While valuable for community resilience, these businesses typically do not <br /> expand the region's economic base unless they transition toward exporting <br /> goods/services. Time <br /> Old Heat CERB Feasibility Study 29 <br />