Creative Class and Regional Growth - Empirical Evidence from Eight European Countries
AbstractWe 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.
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Bibliographic InfoPaper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2007-066.
Date of creation: 17 Sep 2007
Date of revision:
Creativity; innovation; entrepreneurship; regional development;
Find related papers by JEL classification:
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-09-24 (All new papers)
- NEP-CUL-2007-09-24 (Cultural Economics)
- NEP-EDU-2007-09-24 (Education)
- NEP-EEC-2007-09-24 (European Economics)
- NEP-ENT-2007-09-24 (Entrepreneurship)
- NEP-GEO-2007-09-24 (Economic Geography)
- NEP-HRM-2007-09-24 (Human Capital & Human Resource Management)
- NEP-INO-2007-09-24 (Innovation)
- NEP-URE-2007-09-24 (Urban & Real Estate Economics)
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