%0 Journal Article
	%A A. Bobirca and  A. Draghici
	%D 2011
	%J International Journal of Economics and Management Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 59, 2011
	%T Creativity and Economic Development
	%U https://publications.waset.org/pdf/615
	%V 59
	%X 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.
	%P 1447 - 1452