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...

The paper aims at testing Florida's concept of the Creative Class using panel data for 323 West German regions for the time period 1975-2004. Applying a dynamic system approach based on GMM, we find that the local concentration of the Creative Class has predictive power for the economic...