"Warriors and Spirits", George Flett (Spokan), Crayon 1939 ledger paper
Investment driven economic development is an internationally proven approach to accelerating global competitiveness. The Rose approach follows the international approach by importing global technologies as factors of production. Communities are no longer limited to their traditional, primary factors of production defined as land, capital and labor. Our approach of importing global technology factors is accomplished through direct investment, joint-ventures, and outsourcing, all to the benefit of integrating every level of community enterprise development into the global economy at a competitive advantage. The importing of global technology factors of production, accelerate and advance development to move from the Production Driven level to the Investment Driven level. Once a community has advanced to the Investment Driven stage of development, the imported technologies will usually transition the local economies into technology generating economies. Technology generating economies, in turn, may transition into the advanced level of Innovation Driven economies.
The Rose approach, beginning with investment driven economic development, develops the infrastructure that enables a community to graduate from investment driven to innovation driven. As the economy becomes high-income, global competitiveness becomes critically linked to high rates of social and science based learning, which creates the ability to rapidly shift to new technologies in order to remain globally competitive. In this advanced stage of community development, the government has a guiding hand in fostering innovation, R&D, education, improved capital markets and regulatory system, all of which creates an environment that encourages high-tech start-ups, and attracts even more investment.