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Cultural Heritage And Innovation

Author

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  • James B. Ang

    (Nanyang Technological University)

Abstract

Cultural heritage is a major driver of behavioral, social, and economic norms in a society. This paper studies the relationship between culture and economic development by focusing on how individualism is related to technological innovation. It hypothesizes that individualistic people tend to have beliefs and views that emphasize the importance of innovation and creativity. Using individual-level data from the World Values Survey, the results provide some evidence in favor of this hypothesis.

Suggested Citation

  • James B. Ang, 2018. "Cultural Heritage And Innovation," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 21(2), pages 141-148, October.
    • Handle: RePEc:idn:journl:v:21:y:2018:i:2:p:141-148
    DOI: https://doi.org/10.21098/bemp.v21i1.961
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    References listed on IDEAS

    as
    1. Mokyr, Joel, 2005. "Long-Term Economic Growth and the History of Technology," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 17, pages 1113-1180, Elsevier.
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    5. Galor, Oded & Ashraf, Quamrul, 2007. "Cultural Assimilation, Cultural Diffusion and the Origin of the Wealth of Nations," CEPR Discussion Papers 6444, C.E.P.R. Discussion Papers.
    6. Greif, Avner, 1994. "Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 912-950, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Technology; Innovation; Individualism;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • Z10 - Other Special Topics - - Cultural Economics - - - General

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