@article{(Open Science Index):https://publications.waset.org/pdf/615, title = {Creativity and Economic Development}, author = {A. Bobirca and A. Draghici}, country = {}, institution = {}, abstract = {The objective of this paper is to construct a creativity composite index designed to capture the growing role of creativity in driving economic and social development for the 27 European Union countries. The paper proposes a new approach for the measurement of EU-27 creative potential and for determining its capacity to attract and develop creative human capital. We apply a modified version of the 3T model developed by Richard Florida and Irene Tinagli for constructing a Euro-Creativity Index. The resulting indexes establish a quantitative base for policy makers, supporting their efforts to determine the contribution of creativity to economic development.}, journal = {International Journal of Economics and Management Engineering}, volume = {5}, number = {11}, year = {2011}, pages = {1447 - 1452}, ee = {https://publications.waset.org/pdf/615}, url = {https://publications.waset.org/vol/59}, bibsource = {https://publications.waset.org/}, issn = {eISSN: 1307-6892}, publisher = {World Academy of Science, Engineering and Technology}, index = {Open Science Index 59, 2011}, }