Aesthetic innovation and the growth of EU regions: Real effects of artists?
Michela Laura Bergamini,
Leo Sleuwaegen and
Bart Van Looy
No 774092, Working Papers of Department of Management, Strategy and Innovation, Leuven from KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven
Abstract:
Since the introduction of the notion ‘creative class’, artists have been portrayed as contributing to the innovation dynamics of cities and regions. While insights from qualitative studies suggest positive externalities from the arts to the knowledge economy, quantitative analyses so far offer only limited or no support for a systematic positive contribution to the (overall) innovative performance of regions. In this paper, we focus simultaneously on innovations of a technical nature (measured by patents) and of an aesthetic nature (measured by design rights). Relying on data of a large set of European regions (NUTS 2), we examine their joint impact on regional economic growth, and we analyze how different types of human capital – besides scientists and engineers, also artists – are associated with regional innovative performance. Our findings reveal that both types of innovation are relevant for explaining differences in regional growth. In addition, the analysis signals a distinctive contribution both from artists and from scientists and engineers, albeit in different activity realms. While scientists and engineers’ contribution towards regional innovation is very outspoken but confined to technological innovation, the presence of artists in the region is associated with technological and, more pronounced, with aesthetic innovation. Overall, our findings suggest the relevance of adopting a more encompassing view on innovation and creativity when assessing regional growth dynamics.
Keywords: Creative class; artists; design rights; patents; regional innovation; economic growth (search for similar items in EconPapers)
Pages: 32
Date: 2025-10-14
New Economics Papers: this item is included in nep-inv and nep-sbm
Note: paper number MSI_2508
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Published in FEB Research Report MSI_2508, volume 150, pages 1-32
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