Creativity: driving local economic development
November 25, 2010 Leave a comment
Creative industries’ success often relies on the dynamism of creative clusters and accompanying policies valuing intangible assets. These small and flexible local production networks generally flourish in environments where artists, businesses, arts schools, scientists and cultural operators are encouraged to communicate, collaborate and nurture each other. European cities with all their respective cultural specificities and diversities are best placed to develop these clusters. Where creative talent settles, creative entrepreneurs tend to follow: Cultural and creative locations have become the hotbed of modern urban life and attract business as well as related activities. Local initiatives aimed at supporting creativity as well as investment in creativity are bearing fruit in a large number of European regions and cities.