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Business & Innovation Center of
Serres (Greece) ลสลส / BIC of Serres |
Regional Development
Business & Innovation Center of Serres (Greece) ลสลส / BIC of Serres
Regional Development
Regional Development is a constant procedure aiming to always increase the wealth of a region.
Wealth is produced by agricultural / mining, manufacturing and tertiary firms. Those firms produce real output (products and services) sold to the region's inhabitants or to other regions, and also revenue to the workers and owners. This revenue, when exceeds the needs of those people, is invested to produce more wealth.
This primary wealth is especially produced by innovative firms.
Innovations either substitute provisions from other regions or are sold, as products or services, to other regions.
In a few words, through innovation, primary wealth is created in a region.