Creativity and Industrial Cities: A Case Study of Baltimore
AbstractCreativity is changing the way cities approach economic development and formulate policy. Creative metropolises base their economic development strategies, at least partly, on building communities attractive to the creative class worker. While there are countless examples of high-tech regions transforming into creative economies, traditionally industrial cities have received much less attention in this regard. This research draws on Baltimore to assess the potential of transforming a traditionally industrial region into a creative economy. It analyses Baltimore’s performance on dimensions of talent, tolerance, technology, and territory both as a stand-alone metropolitan area and in comparison to similar industrial metropolises. Using data from the US Census Bureau and research on creativity measures, this case study concludes that Baltimore has the opportunity to capitalize on the creative economy because of its openness to diversity, established technology base, and appealing territorial amenities. An important consideration in the transformation towards a creative economy is Baltimore's geographic proximity and access to the largest reservoir of creative talent in the US: Washington, DC.
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Bibliographic InfoPaper provided by Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group in its series Papers on Entrepreneurship, Growth and Public Policy with number 2007-08.
Length: 21 pages
Date of creation: Feb 2007
Date of revision:
Other versions of this item:
- Zoltan J. Acs & Monika I. Megyesi, 2009. "Creativity and industrial cities: A case study of Baltimore," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 21(4), pages 421-439, July.
- Zoltan J. Acs & Monika I. Megyesi, 2007. "Creativity and Industrial Cities: A Case Study of Baltimore," Jena Economic Research Papers 2007-024, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
- D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy
- M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
- M14 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-02-17 (All new papers)
- NEP-CSE-2007-02-17 (Economics of Strategic Management)
- NEP-CUL-2007-02-17 (Cultural Economics)
- NEP-ENT-2007-02-17 (Entrepreneurship)
- NEP-GEO-2007-02-17 (Economic Geography)
- NEP-INO-2007-02-17 (Innovation)
- NEP-URE-2007-02-17 (Urban & Real Estate Economics)
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