Purpose – The purpose of this paper is to provide a comprehensive concept for the role of culture in economic growth. Design/methodology/approach – The paper overviews the culture based development (CBD) concept and its precise definition of culture as an encompassing socio-economic factor....

Purpose – The purpose of this paper is to provide a comprehensive concept for the role of culture in economic growth. Design/methodology/approach – The paper overviews the culture based development (CBD) concept and its precise definition of culture as an encompassing socio‐economic...

Purpose – The purpose of this paper is to conduct an in-depth exploratory test of the innovative culture-based development (CBD) concept and to evaluate its potential for empirical research. Design/methodology/approach – The authors use the partial least squares path modelling (PLS-PM)...

Purpose – The purpose of this paper is to explore the link between redistribution, convergence and local cultural capital (as defined by culture-based development concept). Design/methodology/approach – The paper infers the basic mechanism of the cultural dependence of convergence and...