"creates economic value" is correct and usable in written English.
You can use it to refer to something that generates financial gain or advantage. For example: The company's innovative approach to customer service creates economic value by providing customers with quality experiences.
If Apple creates economic value in the United States, you might expect that value to be taxed here.
Another model is "shared value" capitalism which – as described in Michael Porter and Mark Kramer's recent article for the Harvard Business Review – creates "economic value in a way that also creates value for society by addressing its needs and challenges".
This paper seeks to analyze how design creates economic value.
XII) Coalitions: This sub-component includes business, communities, private business and microfinance institutions (MFIs) where business creates economic value, communities and MFIs generate both economic and social value.
And does it create economic value?
Do they really create economic value for anyone but the people who run them?
The defence company must create "economic value" worth $8.7 billion, in various projects, by 2011.
"But if you can divert money away from that and give it to companies that can create economic value, it would solve a lot of problems".
The lesson of Japan is that a country's stock market is not going to rise over time if, over time, its companies fail to create economic value for their shareholders.
Therefore, it's essential that business schools build an educational experience that incorporates positive business, focusing on developing leaders who can create economic value, build great places to work, and contribute to their local and global communities.
Yet it is the workers who create economic value, according to Marx's labour theory of value, which holds that the worth of a commodity is determined by the amount of labour required to produce it.
