MEASURING INNOVATION AND INSTITUTION: THE CREATIVE ECONOMY INDEX

• Authors: Pietrucha Jacek , Żelazny Rafał
• Languages of publication: EN

Abstracts

EN

Research background: A literature review on innovativeness and institutions pointing to their correlation and the possibility of their joint examination. Purpose of the article: This paper attempts to devise a measurement method for a creative economy, where as a result of feedback between institutions, human capital and technology conditions facilitating the development of creativity are created. Methods: An empirical meta-analysis of indicators characterising innovativeness and institutional environment was carried out, following the hypothesis that at least in part they contain common information on creative economy. Findings & Value added: The new synthetic index, a creative economy index (CEI), was constructed. The study was conducted for a group of 34 economies of the European Union and its associated states for the period of 2005–2014.

Keywords

EN

innovations; institutions; creative economy; composite indicator; European Union

• Publisher: Instytut Badań Gospodarczych
• Journal: Equilibrium. Quarterly Journal of Economics and Economic Policy
• Year: 2017
• Volume: 12
• Issue: 1
• Pages: 43-62

Contributors

author

Pietrucha Jacek

author

Żelazny Rafał

Identifiers

DOI

10.24136/eq.v12i1.3