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The Creative Class and national economic performance
University of Toronto’s School of Cities and Rotman School of Management, University of Toronto, Toronto, Canada.
Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).ORCID iD: 0000-0002-4560-1905
2020 (English)In: Development studies in regional science: Essays in honor of Kingsley E. Haynes / [ed] Z. Chen, W. M. Bowen, & D. Whittington, Singapore: Springer, 2020, p. 553-575Chapter in book (Refereed)
Abstract [en]

The role of human capital in shaping cross-national innovative and economic performance is well-understood. But human capital is an indirect measure of skill, based on educational attainment. We introduce and test a more direct measure of skill, based on work that is actually performed, measured by occupation. Empirical studies have shown that such occupational “classes” play an important role in regional economic performance, outperforming human capital in some cases. We employ a measure of occupational skill (the Creative Class) and examine its relation to cross-national innovative and economic performance. We explicitly compare this measure to conventional measures of human capital (based on educational attainment) through formal models of economic performance for 55–78 countries, using 3 measures of innovative and economic performance – innovation (patents), productivity (total factor productivity), and economic output (GDP per capita). The results confirm the hypothesis, indicating that our occupation-based Creative Class measure closely is associated with all three measures of innovative and economic performance and also that it consistently performs better than human capital in these models.

Place, publisher, year, edition, pages
Singapore: Springer, 2020. p. 553-575
Series
New Frontiers in Regional Science: Asian Perspectives, ISSN 2199-5974, E-ISSN 2199-5982 ; 42
Keywords [en]
Creative Class, Education, Innovation, Occupation, Productivity
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-48146DOI: 10.1007/978-981-15-1435-7_26ISBN: 978-981-15-1434-0 (print)ISBN: 978-981-15-1435-7 (electronic)OAI: oai:DiVA.org:hj-48146DiVA, id: diva2:1424110
Available from: 2020-04-16 Created: 2020-04-16 Last updated: 2020-04-16Bibliographically approved

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Mellander, Charlotta

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