Abstract
Following Florida’s seminal work on the ‘creative class’ there is a great deal of interest concerning whether creativity, as an input, is important for regional growth. Answering this question requires developing a production framework that can distinguish creativity from other inputs. With data from Europe, this paper integrates the concept of information and communications technology (ICT) and the creative class into a theoretical production function. Findings reveal that not only is there a positive and interactive relationship between creative workers and ICT, but the combination of creative workers and ICT leads to higher levels of GVA growth. Moreover, creative workers were found to have a larger impact on growth in comparison with traditional human capital measures (i.e. graduates). Thus, findings from this research suggest that the creative class should not only pay attention to socio-economic preferences of individuals, but it must include wider social resources, such as ICT.
Original language | English |
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Pages (from-to) | 1-14 |
Number of pages | 14 |
Journal | Applied Economics |
Volume | 52 |
Issue number | 29 |
Early online date | 3 Jan 2020 |
DOIs | |
Publication status | E-pub ahead of print - 3 Jan 2020 |
Keywords
- Europe
- ICT
- creative class
- human capital
- regional economic development