Creativity and Economic Development

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.

Authors:

• A. Bobirca
• A. Draghici

Keywords:

• European Creativity Index
• talent
• technology
• tolerance

References:

[1] Florida R., (2002), The Rise of the Creative Class and How It-s
Transforming Work, Leisure, Community and Everyday Life, New
York: Basic Books.
[2] Florida R., Tinagli I., (2004), Europe in the Creative Age, Carnegie
Mellon Software Industry Publishing, 2004.
[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.