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Does Related variety matter for Creative Industries?

Author

Listed:
  • Luciana Lazzeretti
  • Niccolò Innocenti
  • Francesco Capone

Abstract

Creative industries have become a priority sector for economic development and to exit from the actual economic crisis. Nevertheless, creative industries includes heterogeneous industries and it is not enough investigated how variety and diversity work to favour knowledge spillovers and cross-fertilization processes. The Related Variety approach aims to identify key factors of economic growth considering the need for a local system to have a certain degree of cognitive proximity, so as to promote innovation and development in the area. This work contributes to both these strands of research and it attempts to investigate the role and importance of related and unrelated variety within creative industries for local economic growth. The study focuses on employment growth at provincial level during a long run period 1991-2011 in Italy. Results suggests that the employment growth in creative industries depends on their variety and, even more, on their related variety, which make them able to promote interactions among industries and foster creativity.

Suggested Citation

  • Luciana Lazzeretti & Niccolò Innocenti & Francesco Capone, 2015. "Does Related variety matter for Creative Industries?," Papers in Evolutionary Economic Geography (PEEG) 1510, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised May 2015.
  • Handle: RePEc:egu:wpaper:1510
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    File URL: http://econ.geo.uu.nl/peeg/peeg1510.pdf
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    References listed on IDEAS

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    Cited by:

    1. Alfredo Monte & Sara Moccia & Luca Pennacchio, 2022. "Regional entrepreneurship and innovation: historical roots and the impact on the growth of regions," Small Business Economics, Springer, vol. 58(1), pages 451-473, January.

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    More about this item

    Keywords

    Creative industries; creativity; related variety; growth;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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