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2015 | OriginalPaper | Buchkapitel

11. The Influence of Creativity on Entrepreneurship: The Portuguese Case

verfasst von : André Olim, Isabel Mota, Sandra T. Silva

Erschienen in: Entrepreneurship, Human Capital, and Regional Development

Verlag: Springer International Publishing

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Abstract

Literature shows that a high level of new firm creation significantly contributes to regional economic performance and is a clear sign of a thriving economy; hence, the understanding of the factors promoting new firm formation is crucial for economic development. Typically, literature has shown the influence of several variables such as the unemployment rate or the population density on firms’ birth rate. A more recent approach has been suggesting that creativity is one of the factors promoting new firm formation and, thus, economic growth. Richard Florida’s The Rise of the Creative Class (2002) was a seminal contribution for the recognition of the importance of creative people, creative industries, creative economies, and, thus, creativity. Many authors, inspired by this contribution, have been undertaking theoretical and empirical studies to analyze the role of creativity in economics. The aim of this chapter is to follow such contributions, discussing the impact of creativity on entrepreneurship in Portugal. A multivariate linear regression analysis is applied, explaining new firm formation across Portuguese regions with explanatory variables that include both creativity and diversity indexes, innovation indicators and the human capital dimension, as well as other control variables. Our results show little evidence of the influence of creativity on the birth of new firms, while pointing to the relevance of agglomeration effects for new firms’ formation and to the difficulty of immigrants in establishing a firm.

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Vorheriges Kapitel Does Human Capital Impact Differently the Opportunity Perception and the Business Creation? The Case of Spain

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Titel: The Influence of Creativity on Entrepreneurship: The Portuguese Case
verfasst von: André Olim
Isabel Mota
Sandra T. Silva
Verlag: Springer International Publishing
Buch: Entrepreneurship, Human Capital, and Regional Development
Print ISBN: 978-3-319-12870-2

Electronic ISBN: 978-3-319-12871-9

Copyright-Jahr: 2015
DOI: https://doi.org/10.1007/978-3-319-12871-9_11

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