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...
Main Authors: | , , |
---|---|
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 |