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Regional Economic Development in Italy: Applying the Creative Class Thesis to a Test

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  • Esubalew Tiruneh

Abstract

This paper provides an empirical analysis of the impacts of Florida’s regional features also called regional climate or people climate on creative class as well as the regional economic development effects of the creative class in Italy on the basis of data drawn from Creativity Group Europe: Italy. The analyses show that a people climate of tolerance and population density has a strong and positive impact on a region’s share of the creative class which this, in turn, and technology has affected regional economic development enormously. Moreover, creative class is found to be superior to human capital in its positive impact on regional economic development where it is measured by regional per capita income. Copyright Springer Science+Business Media New York 2014

Suggested Citation

  • Esubalew Tiruneh, 2014. "Regional Economic Development in Italy: Applying the Creative Class Thesis to a Test," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(1), pages 19-36, March.
    • Handle: RePEc:spr:jknowl:v:5:y:2014:i:1:p:19-36
    DOI: 10.1007/s13132-012-0126-3
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    Cited by:

    1. Batabyal, Amitrajeet A. & Yoo, Seung Jick, 2018. "Schumpeterian creative class competition, innovation policy, and regional economic growth," International Review of Economics & Finance, Elsevier, vol. 55(C), pages 86-97.

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    More about this item

    Keywords

    Creative class; People climate; Innovation; Technology; Regional per capita income; R11; O31; O52;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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