IDEAS home Printed from https://ideas.repec.org/a/vrs/auseab/v5y2017i1p139-154n7.html
   My bibliography  Save this article

Demographic Determinants of Creativity: The Analysis of the Development of Creative Potential and Forecast for the Baltic States

Author

Listed:
  • Rojenko Vladimirs

    (University of Latvia, Latvia)

  • Dahs Aleksandrs

    (University of Latvia, Latvia)

Abstract

Human capital, affected by the demographic determinants, nowadays becomes a novel driver of change and regional development. Changes in the modern economy determine the future leading role of human capital, especially its creative dimension in the development of modern, sustainable competitive advantages of countries and regions. Considering the negative demographical tendencies in the Baltic States, the aim of this paper is to analyse and forecast the development of creative potential in Lithuania, Latvia and Estonia. Our methodology is based on the estimation of a regression model describing the relations between Global Creativity Index (GCI) and its components with the available demographic data in 28 European Union member countries. Model estimation results indicate a particular importance of population age composition for all GCI components, while education attainment levels appear to be highly significant for the technology and talent components. Using the estimated model parameters, authors elaborate a simple forecast for the three Baltic States using the current demographic projections, while outlining the strengths and potential weaknesses of each country in the long-term perspective.

Suggested Citation

  • Rojenko Vladimirs & Dahs Aleksandrs, 2017. "Demographic Determinants of Creativity: The Analysis of the Development of Creative Potential and Forecast for the Baltic States," Acta Universitatis Sapientiae, Economics and Business, Sciendo, vol. 30(1), pages 79-90, November.
    • Handle: RePEc:vrs:auseab:v:5:y:2017:i:1:p:139-154:n:7
    DOI: 10.1515/eb-2017-0007
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/eb-2017-0007
    Download Restriction: no
    File URL: https://libkey.io/10.1515/eb-2017-0007?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Werner Bönte & Oliver Falck & Stephan Heblich, 2007. "Demography and Innovative Entrepreneurship," Jena Economics Research Papers 2007-084, Friedrich-Schiller-University Jena.
    2. Robert J. Stimson & Roger R. Stough & Brian H. Roberts, 2006. "Regional Economic Development," Springer Books, Springer, edition 0, number 978-3-540-34829-0, December.
    3. Richard Florida & Charlotta Mellander & Kevin Stolarick, 2008. "Inside the black box of regional development: human capital, the creative class and tolerance," Journal of Economic Geography, Oxford University Press, vol. 8(5), pages 615-649, September.
    4. Sam Youl Lee & Richard Florida & Gary Gates, 2010. "Innovation, Human Capital, and Creativity," International Review of Public Administration, Taylor & Francis Journals, vol. 14(3), pages 13-24, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Erik E. Lehmann & Nikolaus Seitz, 2017. "Freedom and innovation: a country and state level analysis," The Journal of Technology Transfer, Springer, vol. 42(5), pages 1009-1029, October.
    2. Filippo Berti Mecocci & Amir Maghssudipour & Marco Bellandi, 2022. "The effect of cultural and creative production on human capital: Evidence from European regions," Papers in Regional Science, Wiley Blackwell, vol. 101(6), pages 1263-1287, December.
    3. Shima Hamidi & Ahoura Zandiatashbar, 2019. "Does urban form matter for innovation productivity? A national multi-level study of the association between neighbourhood innovation capacity and urban sprawl," Urban Studies, Urban Studies Journal Limited, vol. 56(8), pages 1576-1594, June.
    4. Thomas Ejdemo & Daniel Örtqvist, 2021. "Exploring a leading and lagging regions dichotomy: does entrepreneurship and diversity explain it?," Journal of Innovation and Entrepreneurship, Springer, vol. 10(1), pages 1-26, December.
    5. Lu Liu & Yuxin Meng & Desheng Wu & Qiying Ran & Jianhong Cao & Zilian Liu, 2023. "Impact of haze pollution and human capital on economic resilience: evidence from prefecture-level cities in China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(11), pages 13429-13449, November.
    6. Jos� Lobo & Charlotta Mellander & Kevin Stolarick & Deborah Strumsky, 2014. "The Inventive, the Educated and the Creative: How Do They Affect Metropolitan Productivity?," Industry and Innovation, Taylor & Francis Journals, vol. 21(2), pages 155-177, February.
    7. Hans R. A. Koster & Jos N. van Ommeren & Piet Rietveld, 2016. "Historic amenities, income and sorting of households," Journal of Economic Geography, Oxford University Press, vol. 16(1), pages 203-236.
    8. Krenz, Astrid, 2016. "Agglomeration of knowledge in the German regional economy," University of Göttingen Working Papers in Economics 277, University of Goettingen, Department of Economics.
    9. Niclas Berggren & Mikael Elinder, 2012. "Is tolerance good or bad for growth?," Public Choice, Springer, vol. 150(1), pages 283-308, January.
    10. Dietmar Harhoff, 2008. "Innovation, Entrepreneurship und Demographie," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 9(s1), pages 46-72, May.
    11. Paula Prenzel & Simona Iammarino, 2018. "Ageing labour: How does demographic change affect regional human capital?," Papers in Evolutionary Economic Geography (PEEG) 1832, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Aug 2018.
    12. Niclas Berggren & Therese Nilsson, 2013. "Does Economic Freedom Foster Tolerance?," Kyklos, Wiley Blackwell, vol. 66(2), pages 177-207, May.
    13. Batabyal, Amitrajeet A. & Yoo, Seung Jick, 2018. "Schumpeterian creative class competition, innovation policy, and regional economic growth," International Review of Economics & Finance, Elsevier, vol. 55(C), pages 86-97.
    14. Zsolt Csáfordi & László Lőrincz & Balázs Lengyel & Károly Miklós Kiss, 2020. "Productivity spillovers through labor flows: productivity gap, multinational experience and industry relatedness," The Journal of Technology Transfer, Springer, vol. 45(1), pages 86-121, February.
    15. Wei-Bin Zhang, 2016. "Exchange Values of Gold, Land, Physical Capital, and Human Capital in a Neoclassical Growth Model," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 265-286, September.
    16. Sara C. Santos Cruz & Aurora A. C. Teixeira, 2021. "Spatial analysis of new firm formation in creative industries before and during the world economic crisis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 67(2), pages 385-413, October.
    17. JoseÌ Antonio de França & Wilfredo Sosa Sandoval, 2021. "Knowledge Economy in Brazil: Analysis of Sectoral Concentration and Production by Region," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 13(11), pages 1-53, November.
    18. Zaijun Li & Jianquan Cheng & Qiyan Wu, 2016. "Analyzing regional economic development patterns in a fast developing province of China through geographically weighted principal component analysis," Letters in Spatial and Resource Sciences, Springer, vol. 9(3), pages 233-245, October.
    19. Carazza, Luís & Silveira Neto, Raul da Mota, 2021. "Evaluating the Regional Expansion of Brazil’s Federal System of Vocational and Technological Education," Revista Brasileira de Estudos Regionais e Urbanos, Associação Brasileira de Estudos Regionais e Urbanos (ABER), vol. 15(2), pages 212-246.
    20. Laura Resmini & Laura Casi, 2013. "Spatial complexity and interactions in regions' FDI attractiveness," ERSA conference papers ersa13p1063, European Regional Science Association.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:auseab:v:5:y:2017:i:1:p:139-154:n:7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.