21 - The Creative Class Flashcards
Why do businesses cluster?
- they benefit from tight linkages between firms
- benefit from the “spill over” of a high density of customers and clients
- benefit from face to face communication; agglomerations enable this
What is creative capital (and who suggests it?)
- Richard Florida
- businesses benefit from an abundance of workers with right kind of capital in certain areas
What is a distinguising characteristic of the creative class?
that its members engage in work whose function is to ‘create meaningful new forms’
who is most associated with the creative class?
Richard Florida
what are the two groups of the creative class?
- super-creative core
- creative professionals
What is the super-creative core?
-includes scientists, engineers, university professors, poets, artists, musicians, editors
What is the creative professionals?
-includes lawyers, business managers, accountants, health care proffessionals
What are the 2 not creative classes?
- Working Class
- Service Class
What is the working class
- not creative class
- includes labour jobs, production occupations etc
What is the Service Class?
includes food prep, support occupations, cleaning and maintenance, office/administrative work etc
What kind of work does the creative class want?
- challenge and responsibility
- flexibility
- peer recognition
- location and community
- money and more
- herding squirrels
What kind of lifestyle does the creative class want?
- experiential lifestyle
- instead of things, they want AUTHENTIC experiences
What draws the creative class to certain places with:
- thick labour markets
- lifestyle
- social interaction
- mating market
- diversity
- authenticity
- scenes
- identity
What are the 3Ts of Economic Development?
TECHNOLOGY: innovation and high-tech concentrations in a region
TALENT: those with a bachelors degree and above
TOLERANCE: openness, inclusiveness, and diversity to all ethnicities, races, and walks of life
-the creative class is drawn to all of these
What do regions have that have high economic growth?
the three T’s
Tolerance
Talent
Technology
