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Creativity Meets Social Capital: Theory and Field Evidence

Author

Listed:
  • Giuseppe Ciccarone
  • Giovanni Di Bartolomeo
  • Valentina Peruzzi
  • Maria Luigia Signore

Abstract

We model creativity as capital built by costly cognitive effort that complements social capital and is often accompanied by routines that economize attention and time. Higher effort costs deter entry into the creative state, while openness and trust increase the productivity of cognitive effort mainly through creative capital. Using lab-in-the-field data from an Italian music festival and a recursive bivariate probit, we find that costs depress creativity, whereas creativity strongly boosts festival collaboration, volunteering, and territorial cooperation. Consistent with a routinization perspective, the creativity–engagement link is stronger when participation occurs in more socially "structured" environments. To encourage creativity, policies should reduce cognitive frictions and improve the productivity of cognitive effort.

Suggested Citation

  • Giuseppe Ciccarone & Giovanni Di Bartolomeo & Valentina Peruzzi & Maria Luigia Signore, 2025. "Creativity Meets Social Capital: Theory and Field Evidence," Working Papers in Public Economics 267, Department of Economics and Law, Sapienza University of Roma.
    • Handle: RePEc:sap:wpaper:wp267
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
    • C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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