IDEAS home Printed from https://ideas.repec.org/a/spr/joevec/v34y2024i1d10.1007_s00191-024-00858-6.html
   My bibliography  Save this article

Creativity, well-being, and economic development: An evolutionary approach

Author

Listed:
  • Maurizio Pugno

    (University of Cassino and Southern Lazio)

Abstract

Economic development requires endogenous novelties, according to evolutionary economics. To find the endogenous source of novelties, we focus on the creativity of ordinary people when they forge their life path. We argue that such ‘life creativity’ is endogenous to the economic system because it is a typical capability of human beings, because it is intrinsically motivated, thus directly yielding well-being, and because it can be developed with better economic conditions. The paper first introduces the insights of three pioneers of evolutionary economics; it proceeds by showing the key role of creativity in human evolution; then it proposes ‘creative activity’ as an input-output technology that is both useful for and conditioned by economic development. It concludes by contrasting the Industrial Revolution in Britain with the ICT revolution in the US for their different effects of successful innovations on life creativity and well-being.

Suggested Citation

  • Maurizio Pugno, 2024. "Creativity, well-being, and economic development: An evolutionary approach," Journal of Evolutionary Economics, Springer, vol. 34(1), pages 205-225, January.
    • Handle: RePEc:spr:joevec:v:34:y:2024:i:1:d:10.1007_s00191-024-00858-6
    DOI: 10.1007/s00191-024-00858-6
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s00191-024-00858-6
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s00191-024-00858-6?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Leonardo Becchetti & Maria Jua Bachelet & Fabio Pisani, 2020. "Eudaimonic happiness as a leading health indicator: cross-country European evidence," Applied Economics, Taylor & Francis Journals, vol. 52(43), pages 4726-4744, September.
    2. María-Isabel Encinar & Félix-Fernando Muñoz, 2006. "On novelty and economics: Schumpeter’s paradox," Journal of Evolutionary Economics, Springer, vol. 16(3), pages 255-277, August.
    3. McDool, Emily & Powell, Philip & Roberts, Jennifer & Taylor, Karl, 2020. "The internet and children’s psychological wellbeing," Journal of Health Economics, Elsevier, vol. 69(C).
    4. James J. Heckman & Chase O. Corbin, 2016. "Capabilities and Skills," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 17(3), pages 342-359, July.
    5. Mark Aguiar & Mark Bils & Kerwin Kofi Charles & Erik Hurst, 2021. "Leisure Luxuries and the Labor Supply of Young Men," Journal of Political Economy, University of Chicago Press, vol. 129(2), pages 337-382.
    6. Douglass C. North, 2005. "Introduction to Understanding the Process of Economic Change," Introductory Chapters, in: Understanding the Process of Economic Change, Princeton University Press.
    7. James J. Heckman & Dimitriy V. Masterov, 2007. "The Productivity Argument for Investing in Young Children," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 29(3), pages 446-493.
    8. Stefano Bartolini & Ennio Bilancini & Maurizio Pugno, 2013. "Did the Decline in Social Connections Depress Americans’ Happiness?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 110(3), pages 1033-1059, February.
    9. Daniel P. Gross, 2020. "Creativity Under Fire: The Effects of Competition on Creative Production," The Review of Economics and Statistics, MIT Press, vol. 102(3), pages 583-599, July.
    10. Simone M Ritter & Xiaojing Gu & Maurice Crijns & Peter Biekens, 2020. "Fostering students’ creative thinking skills by means of a one-year creativity training program," PLOS ONE, Public Library of Science, vol. 15(3), pages 1-18, March.
    11. Helge Peukert, 2001. "On the Origins of Modern Evolutionary Economics: The Veblen Legend after 100 Years," Journal of Economic Issues, Taylor & Francis Journals, vol. 35(3), pages 543-555, September.
    12. Leonardo Bursztyn & Benjamin R. Handel & Rafael Jimenez & Christopher Roth, 2023. "When Product Markets Become Collective Traps: The Case of Social Media," NBER Working Papers 31771, National Bureau of Economic Research, Inc.
    13. Félix-Fernando Muñoz & María-Isabel Encinar, 2015. "Intentionality and the Emergence of Complexity: An Analytical Approach," Economic Complexity and Evolution, in: Andreas Pyka & John Foster (ed.), The Evolution of Economic and Innovation Systems, edition 127, pages 171-190, Springer.
    14. Roland Bénabou & Jean Tirole, 2003. "Intrinsic and Extrinsic Motivation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(3), pages 489-520.
    15. Karsten Müller & Carlo Schwarz, 2023. "From Hashtag to Hate Crime: Twitter and Antiminority Sentiment," American Economic Journal: Applied Economics, American Economic Association, vol. 15(3), pages 270-312, July.
    16. Michael Gibbs & Susanne Neckermann & Christoph Siemroth, 2017. "A Field Experiment in Motivating Employee Ideas," The Review of Economics and Statistics, MIT Press, vol. 99(4), pages 577-590, July.
    17. Giuseppe Attanasi & Ylenia Curci & Patrick Llerena & Giulia Urso, 2019. "Intrinsic vs. extrinsic motivators on creative collaboration: The effect of sharing rewards," Working Papers of BETA 2019-37, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    18. Dan Ariely & Uri Gneezy & George Loewenstein & Nina Mazar, 2009. "Large Stakes and Big Mistakes," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(2), pages 451-469.
    19. Luis Rayo & Gary S. Becker, 2007. "Evolutionary Efficiency and Happiness," Journal of Political Economy, University of Chicago Press, vol. 115(2), pages 302-337.
    20. Witt, Ulrich, 2009. "Propositions about novelty," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 311-320, May.
    21. Joseph E. Stiglitz, 2012. "Macroeconomic Fluctuations, Inequality, and Human Development," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 13(1), pages 31-58, February.
    22. Samuel Bowles & Herbert Gintis, 2013. "A Cooperative Species: Human Reciprocity and Its Evolution," Economics Books, Princeton University Press, edition 1, number 9474.
    23. Ulrich Witt, 2002. "How Evolutionary Is Schumpeter'S Theory Of Economic Development?," Industry and Innovation, Taylor & Francis Journals, vol. 9(1-2), pages 7-22.
    24. Lea Cassar & Stephan Meier, 2018. "Nonmonetary Incentives and the Implications of Work as a Source of Meaning," Journal of Economic Perspectives, American Economic Association, vol. 32(3), pages 215-238, Summer.
    25. J. Stanley Metcalfe, 2007. "Alfred Marshall and the General Theory of Evolutionary Economics," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 15(1), pages 81-110.
    26. Gustavo Grullon & Yelena Larkin & Roni Michaely, 2019. "Are US Industries Becoming More Concentrated?," Review of Finance, European Finance Association, vol. 23(4), pages 697-743.
    27. Leonardo Bursztyn, 2023. "When Product Markets Become Collective Traps: The Case of Social Media," ECONtribute Discussion Papers Series 260, University of Bonn and University of Cologne, Germany.
    28. Geoffrey M. Hodgson, 2008. "How Veblen Generalized Darwinism," Journal of Economic Issues, Taylor & Francis Journals, vol. 42(2), pages 399-405, June.
    29. Samuel Bowles & Herbert Gintis, 2013. "A Cooperative Species," Introductory Chapters, in: A Cooperative Species: Human Reciprocity and Its Evolution, Princeton University Press.
    30. James Foreman‐Peck & Peng Zhou, 2018. "Late marriage as a contributor to the industrial revolution in England," Economic History Review, Economic History Society, vol. 71(4), pages 1073-1099, November.
    31. Ro'ee Levy, 2021. "Social Media, News Consumption, and Polarization: Evidence from a Field Experiment," American Economic Review, American Economic Association, vol. 111(3), pages 831-870, March.
    32. Hodgson, Geoffrey M., 1997. "Economics and the return to Mecca: The recognition of novelty and emergence," Structural Change and Economic Dynamics, Elsevier, vol. 8(4), pages 399-412, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pier Luigi Sacco & Piotr Bialowolski & Dorota Weziak-Bialowolska, 2025. "Culture and creativity, skills building, and growth: what have we missed?," Palgrave Communications, Palgrave Macmillan, vol. 12(1), pages 1-15, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Guy Aridor & Rafael Jiménez-Durán & Ro'ee Levy & Lena Song, 2024. "The Economics of Social Media," Journal of Economic Literature, American Economic Association, vol. 62(4), pages 1422-1474, December.
    2. Maurizio Pugno, 2024. "Social media effects on well‐being: The hypothesis of addiction of a new variety," Kyklos, Wiley Blackwell, vol. 77(3), pages 690-704, August.
    3. Pugno, Maurizio, 2020. "Enjoying life takes time and needs people, but economic progress runs and offers things," MPRA Paper 104378, University Library of Munich, Germany.
    4. Giuseppe Attanasi & Michela Chessa & Sara Gil-Gallen & Patrick Llerena, 2021. "A survey on experimental elicitation of creativity in economics," Revue d'économie industrielle, De Boeck Université, vol. 0(2), pages 273-324.
    5. Briglauer, Wolfgang & Krämer, Jan & Palan, Nicole, 2024. "Socioeconomic benefits of high-speed broadband availability and service adoption: A survey," Telecommunications Policy, Elsevier, vol. 48(7).
    6. Laske, Katharina & Schröder, Marina, 2017. "Quantity, Quality and Originality: The Effects of Incentives on Creativity," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168151, Verein für Socialpolitik / German Economic Association.
    7. Eugen Dimant, 2020. "Hate Trumps Love: The Impact of Political Polarization on Social Preferences," ECONtribute Discussion Papers Series 029, University of Bonn and University of Cologne, Germany.
    8. Maurizio Pugno, 2021. "The economics of eudaimonia," Chapters, in: Luigino Bruni & Alessandra Smerilli & Dalila De Rosa (ed.), A Modern Guide to the Economics of Happiness, chapter 4, pages 46-66, Edward Elgar Publishing.
    9. Beknazar-Yuzbashev, George & Jiménez-Durán, Rafael & McCrosky, Jesse & Stalinski, Mateusz, 2025. "Toxic Content and User Engagement on Social Media: Evidence from a Field Experiment," CAGE Online Working Paper Series 741, Competitive Advantage in the Global Economy (CAGE).
    10. Goette, Lorenz & Senn, Julien, 2024. "Incentivizing interdependent tasks: Evidence from a real-effort experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 227(C).
    11. George Beknazar-Yuzbashev & Rafael Jiménez-Durán & Jesse McCrosky & Mateusz Stalinski, 2025. "Toxic Content and User Engagement on Social Media: Evidence from a Field Experiment," CESifo Working Paper Series 11644, CESifo.
    12. Martin Beraja & Noam Yuchtman, 2025. "Generalized Disruption: Society, Work, and Property Rights in the Age of AI," NBER Chapters, in: The Political Economy of Artificial Intelligence, National Bureau of Economic Research, Inc.
    13. Beknazar-Yuzbashev, George & Jiménez-Durán, Rafael & McCrosky, Jesse & Stalinski, Mateusz, 2025. "Toxic Content and User Engagement on Social Media : Evidence from a Field Experiment," The Warwick Economics Research Paper Series (TWERPS) 1543, University of Warwick, Department of Economics.
    14. Ruben Enikolopov & Maria Petrova & Gianluca Russo & David Yanagizawa-Drott, 2024. "Socializing Alone: How Online Homophily Has Underminded Social Cohesion in the US," CESifo Working Paper Series 11375, CESifo.
    15. Guy Aridor & Rafael Jiménez-Durán & Ro'ee Levy & Lena Song, 2024. "Experiments on Social Media," CESifo Working Paper Series 11275, CESifo.
    16. Marco Tomassini & Alberto Antonioni, 2019. "Computational Behavioral Models for Public Goods Games on Social Networks," Games, MDPI, vol. 10(3), pages 1-14, September.
    17. Glenn Dutcher & Cortney S. Rodet, 2022. "Which two heads are better than one? Uncovering the positive effects of diversity in creative teams," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(4), pages 884-897, November.
    18. Pokorny, Kathrin, 2008. "Pay--but do not pay too much: An experimental study on the impact of incentives," Journal of Economic Behavior & Organization, Elsevier, vol. 66(2), pages 251-264, May.
    19. Maria Cotofan, 2019. "Learning from Praise: Evidence from a Field Experiment with Teachers," Tinbergen Institute Discussion Papers 19-082/V, Tinbergen Institute.
    20. Ingar Haaland & Christopher Roth & Stefanie Stantcheva & Johannes Wohlfart, 2024. "Measuring What Is Top of Mind," CEBI working paper series 24-10, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).

    More about this item

    Keywords

    Novelty; Creativity; Well-being; Economic development; Evolutionary economics;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:joevec:v:34:y:2024:i:1:d:10.1007_s00191-024-00858-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.