This chapter investigates the role CCIs play on local development, building on two original perspectives. First, the relationship between CCIs and growth needs to account for both the diversified forms (technological, symbolic, artistic) and levels of intensity (Inventive vs. Replicative activities) of CCIs’ creativity. Second, the capacity of CCIs’ to enhance local economic growth is expected to depend on the presence of territorial mediating factors. The results confirm that CCIs do play a positive role in triggering regional growth, especially thanks to the presence of specific territorial elements. Moreover, preliminary results suggest that CCIs are also capable to trigger the economic resilience of places in periods of crisis, opening to further investigations in this respect.
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This sum is obtained as \(IM{P}_{r}+EM{P}_{r}=GV{A}_{r}+{\sum }_{s\ne r}{w}_{r,s}*GV{A}_{s}\) in which \({w}_{r,s}\) represents a generic element of the inverse distances matrix.
Many scholars also discussed the role of social capital and trust as a lever for socio-economic development. Thanks to social ties, easier information exchanges, and discouraged cheating thanks to peer pressure, collective actions are favoured (Boschma 2005; Burt 2000; Callois and Aubert 2007; Iyer et al. 2005; Knack and Keefer 1997; Putnam 2000). In this work, a measure of trust (at NUTS2 level due to data limitations) has been included in preliminary analyses but it has been found to be never significant for all specifications. Thus, it has not been included in the final version of the book.
This may even result in Simpson’s paradox: the direction of an association at the population level may be reversed within the subgroups comprising that population. For an interesting list of Simpson’s paradox examples, cf. Kievit et al. (2013).
Just as an example, the economic growth of the Milan area is not only due to the size of the internal market (that remains extremely important) but rather due to its centrality in order to reach many other valuable markets (e.g. all the other rich regions of Northern Italy or the South of Germany).
Given a general equation of a parabola \(y=a{x}^{2}+bx+c\), the sign of \(a\) determines the concavity of the curve (\(a>0\): the concavity goes towards the positive values of \(y\) and the vertex is the minimum). The sign of \(b\), instead, determines the position of the symmetry axis compared to the \(y\) axis.