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Pattern of European Regional Creativity: Exploring Endogenous Sustainability

Author

Listed:
  • Lishchynskyy Ihor

    (Department of International Economics, West Ukrainian National University, Ternopil, Ukraine)

  • Lyzun Mariia

    (Department of International Economics, West Ukrainian National University, Ternopil, Ukraine)

Abstract

During the latest decades, regional creativity has often been considered as the precondition for innovativeness and sustainability. However, quantitative indicators of creativity are the subject of discussion. The paper aims to analyse the patterns and causes of European regional creativity distribution, revealing the influence of endogenous determinants on regional innovative development. An empirical analysis of regional patenting activity and a selection of indicators of regional creativity is conducted. Among the indicators, we include the development of regional institutions that are assessed through the data of the European Quality of Government Index. Besides the learning ability of the region (indicators of higher education prevalence and digital skills), the abundance of the creative class, regional innovative infrastructure, and population agglomeration were taken into account. The paper concludes concerning the most crucial factors contributing to endogenous sustainability through the lenses of European regions. In general, the formed model turned out to be significant with an acceptable level of standard error and a high predictive value. The influence of most of the parameters (except for the intelligence) was positive and significant. It is especially worth highlighting the parameters of regional institutions’ quality and volumes of private research and development expenditures, which exert the greatest positive influence on the resulting variable.

Suggested Citation

  • Lishchynskyy Ihor & Lyzun Mariia, 2024. "Pattern of European Regional Creativity: Exploring Endogenous Sustainability," Economics, Sciendo, vol. 12(3), pages 397-407.
    • Handle: RePEc:vrs:econom:v:12:y:2024:i:3:p:397-407:n:1005
    DOI: 10.2478/eoik-2024-0030
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    References listed on IDEAS

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    1. Marina Papanastassiou & Robert Pearce & Antonello Zanfei, 2020. "Changing perspectives on the internationalization of R&D and innovation by multinational enterprises: A review of the literature," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 51(4), pages 623-664, June.
    2. David Bruce Audretsch & Maksim Belitski & Nataliia Cherkas, 2021. "Entrepreneurial ecosystems in cities: The role of institutions," PLOS ONE, Public Library of Science, vol. 16(3), pages 1-22, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    creativity; innovations; creative class; sustainable development; endogenous development; regional development; agglomeration;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • C39 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Other

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