publication . Preprint . 2013

Creativity as an integral element of social capital and its role for economic performance

Westlund , Hans; Andersson, Martin; Karlsson, Charlie;
Open Access
  • Published: 22 Nov 2013
Abstract
In this paper, we focus on the connections between creativity, social capital and economic performance and growth. Our working hypothesis is that both creativity and social capital influences the economy, both each per se, but also through their influence on each other. We regard creativity as one of the sources of entrepreneurship and innovation (although creativity also can have ‘bad’ consequences if bad actors such as criminals perform it). Depending on the types of networks and the norms and values being distributed in them, social capital can promote entrepreneurship and innovation and thus economic growth, but social capital can have an inhibiting effect o...
Subjects
free text keywords: Creativity; social capital; norms; values; attitudes; institutions; networks; innovation; entrepreneurship; economic performance; economic growth, jel:D80, jel:L14, jel:L26, jel:O31, jel:O43, jel:R11
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