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Technology, Talent, Diversity and the Wealth of European Regions

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  • Roel Rutten
  • John Gelissen

Abstract

In this article, we test the creativity and diversity hypothesis of Richard Florida for European regions. Florida argues that the level of regional economic development depends on the levels of technology, talent, and tolerance that regions harbour. Tolerance, in this case, is a measure for diversity of lifestyles, the creativity that results from it and population's openness towards non-traditional lifestyles. Using data for 94 European regions we investigate whether differences in creativity and diversity are a good predictor of differences in regional wealth in additive and multiplicative regression models. The results indicate that regional differences in diversity are directly related to differences in regional wealth. Moreover, we find that the synergetic effect of technology and talent on the level of regional wealth depends on the degree of diversity that resides within regions. Our findings support the idea that creativity and diversity deserve a more prominent place in economic geography.

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  • Roel Rutten & John Gelissen, 2008. "Technology, Talent, Diversity and the Wealth of European Regions," European Planning Studies, Taylor & Francis Journals, vol. 16(7), pages 985-1006, August.
    • Handle: RePEc:taf:eurpls:v:16:y:2008:i:7:p:985-1006
    DOI: 10.1080/09654310802163785
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    Cited by:

    1. Thomas Wimark, 2014. "Is It Really Tolerance? Expanding the Knowledge About Diversity for the Creative Class," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 105(1), pages 46-63, February.
    2. Richards, Greg, 2020. "Designing creative places: The role of creative tourism," Annals of Tourism Research, Elsevier, vol. 85(C).
    3. Yi-Fan Sun & Kun-Feng Pan & Zhang-Li He, 2020. "Intercity migration behavior of Chinese graduates: from home region to work destination," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 64(1), pages 111-132, February.
    4. Rolf Sternberg, 2022. "Entrepreneurship and geography—some thoughts about a complex relationship," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 69(3), pages 559-584, December.
    5. Elisabetta Marinelli, 2011. "Graduate migration in Italy - Lifestyle or necessity?," ERSA conference papers ersa11p1608, European Regional Science Association.
    6. David B. Audretsch & Erik E. Lehmann & Nikolaus Seitz, 2021. "Amenities, subcultures, and entrepreneurship," Small Business Economics, Springer, vol. 56(2), pages 571-591, February.

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