In this paper we examine Richard Florida's Creative Capital theory in comparison with Human Capital theory, using a cross section of Dutch cities as our sample. Employment growth in Dutch cities can be predicted both from local education levels and from the presence of a large creative class, but especially from the latter. We conclude that in theory creativity is not very different from human capital. Nevertheless Florida's creative class is a better standard to measure human capital then education is.
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Paper provided by Utrecht School of Economics in its series Working Papers with number
04-29.
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