Creativity and Economic Development

Authors: A. Bobirca, A. Draghici

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.

Keywords: European Creativity Index, talent, technology, tolerance

Digital Object Identifier (DOI): doi.org/10.5281/zenodo.1328752

References:

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[3] KEA European Affairs, (2009), The Impact of Culture on Creativity, Brussels: European Commission, DG Education and Culture.
[4] Hong Kong Special Administrative Region of China Government, Home Affairs Bureau (2005), A Study on Creativity Index.
[5] EUROSTAT (2009), Cultural Statistics.
[6] UNCTAD (2008), The Creative Economy Report, Geneva.