Florida = Cities and the Creative Class Flashcards

1
Q

Common knowledge has held that..

A

growth is driven by companies, firms, and industries regionally that has led to a focus in research on clustering.

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2
Q

So the question is why do firms cluster?

A

Firms cluster so they can attract concentrations of talented people who power innovation and economic growth.

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3
Q

Communities with weaker ties have been…

A

replacing the strong bonds between neighbors of the past. This is the modern challenge of the desire for quasi-anonymity

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4
Q

Human Capital Theory

A

the key to regional growth lies not in reducing the costs of doing business, but in endowments of highly educated and productive people.

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5
Q

The productivity effect comes from…

(

A

the clustering of human capital as the critical factor in regional econ growth.

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6
Q

Creative Capital Theory

A

identifies creative people as being key to economic growth and identifies the underlying factors that lead to decision making of people.

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7
Q

An area with a strong creative class are often…

A

centers of innovation and high-tech industry.

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8
Q

Talent has to be attracted so firms should…

A

focus on that and human capital is a driving force

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