Creative Class and Regional Growth − Empirical Evidence from Eight European Countries
35 Pages Posted: 23 Oct 2007 Last revised: 5 Nov 2007
Date Written: September 17, 2007
Abstract
We analyze the regional distribution and the effect of people in creative occupations based on data for more than 450 regions in eight European countries. The geographic distribution of the creative class is highly uneven. The creative class is not attracted to highly urbanized regions per se, but rather a climate of tolerance and openness seem to be rather important factors. We find that the creative class has a positive and significant effect on employment growth and new business formation at the regional level. Human capital as measured by creative occupation outperforms indicators that are based on formal education.
Keywords: Creativity, innovation, entrepreneurship, regional development
JEL Classification: O31, O18, R12
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
The Role of Specialisation and Diversity Externalities in the Agglomeration of Innovative Activities
By Raffaele Paci and Stefano Usai
-
What Determines the Efficiency of Regional Innovation Systems?
By Michael Fritsch and Viktor Slavtchev
-
Industry Specialization, Diversity and the Efficiency of Regional Innovation Systems
By Michael Fritsch and Viktor Slavtchev