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Does Local Creative Employment Affect Firm Innovativeness? Microeconometric Evidence from Italy

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  • Roberto Antonietti

Abstract

This paper assesses the existence of knowledge externalities in the form of creative employment spillovers that affect firms? innovative performances. Drawing on a large sample of Italian manufacturing firms, a knowledge production function augmented with regional creative workforce indicators is estimated. The results show that the regional density of creative employment has a positive effect on firm innovativeness. This effect is particularly marked when considering the core of creative employment, although this is subject to diminishing returns. The higher density of creative professionals influences innovation only after reaching a critical mass. The results also show that the effect of creativity is greater than that of human capital.

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  • Roberto Antonietti, 2015. "Does Local Creative Employment Affect Firm Innovativeness? Microeconometric Evidence from Italy," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2015(3), pages 5-29.
  • Handle: RePEc:fan:scresc:v:html10.3280/scre2015-003001
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    3. Niccolò Innocenti & Luciana Lazzeretti, 2018. "Relatedness and growth: The impact of creative industries to the wider economy," Papers in Evolutionary Economic Geography (PEEG) 1819, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Apr 2018.

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    More about this item

    Keywords

    Capitale creativo; innovazione; funzione di produzione della conoscenza;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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