Recently, Economic Geography literature has been focusing on the importance of creativity for achieving economic growth. The logic of linking indicators measuring sources of creativity to economic growth implicitly assumes that creative potential will be transferred into economic output. This is, by definition, the role of entrepreneurship. Put differently, a necessary condition for creativity to impact economic performance is the presence of an entrepreneurial spirit. This does not mean that all creativity should be or will be economically viable however, for creativity to work out well in terms of growth, an entrepreneurial spirit should be present.
In collaboration with colleagues from the Global Entrepreneurship Monitor (GEM), we are using measures of entrepreneurial spirit for 13 metropolitan areas located in the United States, Europe and Australasia to explore the influence of creative cities on economic growth.