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Creativity, Cultural Investment and Local Development: A New Theoretical Framework for Endogenous Growth

In: Growth and Innovation of Competitive Regions

Author

Listed:
  • Pier Luigi Sacco

    (IUAV University)

  • Giovanna Segre

Abstract

Creativity may be seen as one, albeit crucial, instance of a deeper process of reorientation of production processes toward intangible forms of added value, a point that has been made several times in the recent literature. In industrialised countries, an increasing number of goods and services incorporate an essential, intangible added value deriving from design, aesthetics, and symbolic and identity values: the key elements of state-of-the-art competition. When competition cannot take place through costs cutting, product innovation represents the distinctive successful factor which can be obtained though a massive employment of applied creativity, craftsmanship and technological transfer. Within this framework, by taking a closer look at the organizational features of economic activities, we provide a theoretical account of the new epoch of local development processes.

Suggested Citation

  • Pier Luigi Sacco & Giovanna Segre, 2009. "Creativity, Cultural Investment and Local Development: A New Theoretical Framework for Endogenous Growth," Advances in Spatial Science, in: Ugo Fratesi & Lanfranco Senn (ed.), Growth and Innovation of Competitive Regions, pages 281-294, Springer.
    • Handle: RePEc:spr:adspcp:978-3-540-70924-4_13
    DOI: 10.1007/978-3-540-70924-4_13
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    Citations

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    Cited by:

    1. Pei-xiao Qi & Nian Zheng, 2018. "Scientific Culture and Economic Growth in the Long-Run: On a Capital Perspective," Research in World Economy, Research in World Economy, Sciedu Press, vol. 9(1), pages 39-45, June.
    2. Pierluigi Sacco & Guido Ferilli & Giorgio Tavano Blessi, 2014. "Understanding culture-led local development: A critique of alternative theoretical explanations," Urban Studies, Urban Studies Journal Limited, vol. 51(13), pages 2806-2821, October.
    3. Pier Luigi Sacco & Guido Ferilli & Blessi Giorgio Tavano, 2012. "Sviluppo locale a base culturale: quando funziona e perch?? Alla ricerca di un framework di riferimento," PRISMA Economia - Societ? - Lavoro, FrancoAngeli Editore, vol. 2012(1), pages 9-27.
    4. Francesca Ciampa, 2023. "A Creative Approach for the Architectural Technology: Using the ExtrArtis Model to Regenerate the Built Environment," Sustainability, MDPI, vol. 15(11), pages 1-25, June.
    5. Andrea Porta & Josep-Maria Arauzo-Carod & Giovanna Segre, 2022. "The Italian National Strategy for Inner Areas: first insights from regions’ specialization in cultural and creative industries," Working Papers - Business wp2022_04.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    6. Paolo Massimo Buscema & Guido Ferilli & Christer Gustafsson & Pier Luigi Sacco, 2020. "The Complex Dynamic Evolution of Cultural Vibrancy in the Region of Halland, Sweden," International Regional Science Review, , vol. 43(3), pages 159-202, May.
    7. Luciana Lazzeretti & Niccolò Innocenti & Francesco Capone, 2015. "Does Related variety matter for Creative Industries?," Papers in Evolutionary Economic Geography (PEEG) 1510, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised May 2015.
    8. Nikolett Nemeth & Ildiko Rudnak & Prespa Ymeri & Csaba Fogarassy, 2019. "The Role of Cultural Factors in Sustainable Food Consumption—An Investigation of the Consumption Habits among International Students in Hungary," Sustainability, MDPI, vol. 11(11), pages 1-27, May.
    9. Bucci, Alberto & Segre, Giovanna, 2011. "Culture and human capital in a two-sector endogenous growth model," Research in Economics, Elsevier, vol. 65(4), pages 279-293, December.
    10. Rafael Boix‐Domenech & Jesús Peiró‐Palomino & Pau Rausell‐Köster, 2021. "Creative industries and productivity in the European regions. Is there a Mediterranean effect?," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(5), pages 1546-1564, October.
    11. Salone Carlo & Segre Giovanna, 2012. "Culture and Creativity in the Territorial Local Systems. Tales in Search for a Theoretical Scheme," EBLA Working Papers 201201, University of Turin.
    12. González-Serrano, María Huertas & Crespo-Hervás, Josep & Pérez-Campos, Carlos & Calabuig, Ferran, 2021. "Entrepreneurial ecosystems for developing the sports industry in European Union countries," Journal of Business Research, Elsevier, vol. 136(C), pages 667-677.
    13. Xie, Philip Feifan, 2015. "A life cycle model of industrial heritage development," Annals of Tourism Research, Elsevier, vol. 55(C), pages 141-154.
    14. Alberto BUCCI & Giovanna SEGRE, 2009. "Human and cultural capital complementarities and externalities in economic growth," Departmental Working Papers 2009-05, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    15. Silvia Cerisola, 2019. "A new perspective on the cultural heritage–development nexus: the role of creativity," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 43(1), pages 21-56, March.
    16. Pier Luigi Sacco & Guido Ferilli & Giorgio Tavano Blessi, 2018. "From Culture 1.0 to Culture 3.0: Three Socio-Technical Regimes of Social and Economic Value Creation through Culture, and Their Impact on European Cohesion Policies," Sustainability, MDPI, vol. 10(11), pages 1-23, October.
    17. Petrakis, Panagiotis & Kostis, Pantelis, 2013. "Economic growth and cultural change," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 47(C), pages 147-157.
    18. Jenny Cardenas-Ayala & Leandro Valiati, 2014. "Cultural and Creative Industries as Determining Qualified International Flow Trade in Latin America, 2001-2011," ACEI Working Paper Series AWP-05-2014, Association for Cultural Economics International, revised Oct 2014.

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