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In page Jane Jacobs:
"According to Jacobs, economies are constantly evolving and may move in and out of any of these categories. However, for an export-based economy such as a supply region, or a transplant town, to develop into a Forward city, the economy must engage in what she terms new-work. This implies a diversification of the economy. Jacobs strongly encourages breakaway entrepreneurship and local investment capital to do this. The modus operandi may be in import-replacing, in world-first innovation, or the adoption of production which is new to the community. Jacobs also insists on the benefits of having a city-currency, which acts as a positive feedback mechanism, to help drive local innovation and import-replacement. It also protects from outside demand shocks.[citation needed]
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