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The elements of a position-specific scoring matrix (PSSM) were calculated as follows:
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"3D TV was a very small value add to the television experience," said Cole, whose company was involved in TV, he explained.
Sectors such as textiles, chemicals, construction, and forestry only produce a small share of value added and contribute marginally to employment creation.
"We are a small office so we work where MIT has the most added value," added Van Wey.
As in the IBS relationship matrix, a small value was added to all diagonal elements to secure that the matrix was positive definite.
Note that these two scenarios produce a very small increase in agricultural value added.
Design and sales account for the biggest share of economic rent, while industrial production creates only a relatively small proportion of the value added.
On the other hand, in the zero emission scenario, the volumes of value added are smaller than in 2005 or at approximately the same level, except for the increase of concrete aggregate.
Value added per worker in small firms is less than half that in large ones.
Small businesses also contribute 34% of private industry value added, 20% to the GDP, and they employ around 4.8m Australians.
Effective rates can be very high if value added to the imported commodity is a small percentage or very low if value added is a large percentage of the total price.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com