Creative capacity of European countries

In the paper4 we study creative capacity of 28 European countries in the period 2005–2014. We construct a creativity index based on the 3Ts concept of talent, technology and tolerance as the key components of the creativity. Our index is measured and calculated with both the cross-section and the ti...

Full description

Bibliographic Details
Main Authors: Martin Alexy, Marek Káčer, Štefan Rehák
Format: Article
Language:English
Published: Research Centre for Astronomy and Earth Sciences, Hungarian Academy of Sciences 2018-10-01
Series:Hungarian Geographical Bulletin
Subjects:
Online Access:http://ojs3.mtak.hu/index.php/hungeobull/article/view/1040
_version_ 1819054968666062848
author Martin Alexy
Marek Káčer
Štefan Rehák
author_facet Martin Alexy
Marek Káčer
Štefan Rehák
author_sort Martin Alexy
collection DOAJ
description In the paper4 we study creative capacity of 28 European countries in the period 2005–2014. We construct a creativity index based on the 3Ts concept of talent, technology and tolerance as the key components of the creativity. Our index is measured and calculated with both the cross-section and the time series dimensions, which is an important contribution compared to other studies. We have demonstrated relatively stable rankings of the countries in time, even though the creative capacity measured by our creativity index was gradually growing in time with varying rate of growth for individual countries. We have also shown evidence that the creative capacity is clustered geographically. The creativity index was compared to World happiness index, GDP per capita and Human development index. We have replicated earlier cross-sectional analyses and shown the relatively strong correlation. However, we show that the picture is different for changes within individual countries. Here we demonstrated lack of correlation between creativity and GDP per capita or World happiness index. JEL: O10, O30, O34, C10 4 The paper is an outcome of the research project Competitiveness, economic growth and firm survival (APVV-15-0322) supported by Slovak Research and Development Agency. The research is co-financed by the European Union.
first_indexed 2024-12-21T13:00:03Z
format Article
id doaj.art-85aab22fad09422b9966b61603f75f8b
institution Directory Open Access Journal
issn 2064-5031
2064-5147
language English
last_indexed 2024-12-21T13:00:03Z
publishDate 2018-10-01
publisher Research Centre for Astronomy and Earth Sciences, Hungarian Academy of Sciences
record_format Article
series Hungarian Geographical Bulletin
spelling doaj.art-85aab22fad09422b9966b61603f75f8b2022-12-21T19:03:13ZengResearch Centre for Astronomy and Earth Sciences, Hungarian Academy of SciencesHungarian Geographical Bulletin2064-50312064-51472018-10-0167320122210.15201/hungeobull.67.3.11040Creative capacity of European countriesMartin Alexy0Marek Káčer1Štefan Rehák2Department of Finance, Faculty of National Economy, University of Economics in BratislavaCredit Management Research Centre, Leeds University Business School, Department of Finance, Faculty of National Economy, University of Economics in BratislavaDepartment of Public Administration and Regional Development, Faculty of National Economy, University of Economics in BratislavaIn the paper4 we study creative capacity of 28 European countries in the period 2005–2014. We construct a creativity index based on the 3Ts concept of talent, technology and tolerance as the key components of the creativity. Our index is measured and calculated with both the cross-section and the time series dimensions, which is an important contribution compared to other studies. We have demonstrated relatively stable rankings of the countries in time, even though the creative capacity measured by our creativity index was gradually growing in time with varying rate of growth for individual countries. We have also shown evidence that the creative capacity is clustered geographically. The creativity index was compared to World happiness index, GDP per capita and Human development index. We have replicated earlier cross-sectional analyses and shown the relatively strong correlation. However, we show that the picture is different for changes within individual countries. Here we demonstrated lack of correlation between creativity and GDP per capita or World happiness index. JEL: O10, O30, O34, C10 4 The paper is an outcome of the research project Competitiveness, economic growth and firm survival (APVV-15-0322) supported by Slovak Research and Development Agency. The research is co-financed by the European Union.http://ojs3.mtak.hu/index.php/hungeobull/article/view/1040creativity index3Ts conceptEuropean comparison
spellingShingle Martin Alexy
Marek Káčer
Štefan Rehák
Creative capacity of European countries
Hungarian Geographical Bulletin
creativity index
3Ts concept
European comparison
title Creative capacity of European countries
title_full Creative capacity of European countries
title_fullStr Creative capacity of European countries
title_full_unstemmed Creative capacity of European countries
title_short Creative capacity of European countries
title_sort creative capacity of european countries
topic creativity index
3Ts concept
European comparison
url http://ojs3.mtak.hu/index.php/hungeobull/article/view/1040
work_keys_str_mv AT martinalexy creativecapacityofeuropeancountries
AT marekkacer creativecapacityofeuropeancountries
AT stefanrehak creativecapacityofeuropeancountries