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Quality of Life and the Geography of Human Capital

In: Innovative Start-Ups and the Distribution of Human Capital

Author

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  • Ronney Aamoucke

    (GSBC EIC “The Economics of Innovative Change”)

Abstract

There is a general consensus in the literature, rooted in the relationship between knowledge and economic growth (Nelson and Phelps 1966; Romer 1986, 1990; Lucas 1988; Benhabib and Spiegel 1994, 2005; Glaeser et al. 2004), that human capital, especially in the form of highly educated people, has a positive effect on regional development (Glaeser et al. 1995; Simon 1998; Moretti 2004a). Highly educated people not only have—by definition—more knowledge, but often are also possessed of the ability to absorb additional knowledge and even generate new knowledge (Schultz 1961; Becker 1962, 1964; Mincer 1958, 1974). These people tend to be highly productive and are disproportionately found to be involved in innovation processes. Moreover, they often have a relatively high propensity to set up high-quality new firms (Acs and Armington 2004, 2006; Lee et al. 2004, 2010; Qian and Acs 2011; Qian et al. 2013).

Suggested Citation

  • Ronney Aamoucke, 2016. "Quality of Life and the Geography of Human Capital," Contributions to Economics, in: Innovative Start-Ups and the Distribution of Human Capital, chapter 0, pages 79-117, Springer.
    • Handle: RePEc:spr:conchp:978-3-319-44462-8_4
    DOI: 10.1007/978-3-319-44462-8_4
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    Cited by:

    1. Rajko Tomaš, 2022. "Measurement of the Concentration of Potential Quality of Life in Local Communities," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 163(1), pages 79-109, August.
    2. Heather M. Stephens, 2019. "Understanding US college graduate migration," Journal of Geographical Systems, Springer, vol. 21(4), pages 509-531, December.

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