Federal or state governments' decision-making affects the well-being and prosperity of billions of people. When over 50 percent of the worldwide economy is related to cities and regions, decisions taking place in these geographical units become crucial for their resident's well-being and prosperity. Despite data, expertise, finance, and time shortage, the city and region leadership struggles to achieve socio-economic development. Therefore, cities design policy, establish social structures (economy departments, partnerships, and so forth) and fund them to address economy ecosystem necessities and ensure growth.
SOCIAL STRUCTURES, CULTURE & EXPERTISE
We believe that targeted social planning, based on visualizing and analyzing data, can help city leadership construct affective, social infrastructure. The social infrastructure reflects in cultivating a new culture that can sustain the economic ecosystem and encourage cities economic agglomeration expertise formation. This triangle is the vehicle for accelerating economic ecosystem growth for the city and region.
MICROECONOMIC AND SOCIAL VARIABLES
Leadership and professionals must consider multiple variables to cope with economy challenges and be able to view the "overall picture." These include microeconomic variables related to city economy activity (industries, workforce, investments, funds distributed, city revenue, etc.) and social factors that influence or influence by the economy (demography, poverty rates, average salary rate, etc.).
CITY ECONOMY ECOSYSTEM MAPS AND DATA ANALYSIS
TEEM interactive and dynamic system, ecosystem maps and Data Analysis generate an opportunity for the city leadership and professionals to view the city economy "bigger picture" at first glance. TEEM innovative technology serves as a strategic and measuring tool for institutionalization, culture implementation, and expertise development. Displaying the city's competitive advantages, clusters, and ecosystems in front of state and federal government officials, private investors, and philanthropists will help the city attract funds essential for socio-economic development and secure the future well-being and prosperity of its residents.