KTH/CESIS Working Paper Series in Economics and Institutions of Innovation
The Rise of Skills: Human Capital, the Creative Class and Regional Development
() and Richard Florida
Abstract: The past couple of decades have seen what amounts to
skills revolution in urban and regional economic research. From industrial
location theory and Alfred Marshall’s concern for agglomeration to more
recent research on high-tech districts and industrial clusters firms and
industries has been the dominant unit of analysis. But since the 1990s
there has been a growing focus on skills. This broad research thrust
includes studies of human capital; the creative class and occupational
class more broadly; and physical, cognitive and social skills, among
others. This research highlights the growing geographic divergence of
skills across cities and metros and their effects on regional innovation,
wages, incomes and development broadly. A growing literature notes the
growing importance of place in organizing and mobilizing these skills.
Studies have focused on the role of amenities, universities, diversity and
other place-related factor in accounting for the growing divergence of
skills across locations. This article summarizes the key lines of research
that constitute the skills revolution in urban and regional research.
Keywords: Human capital; creative class; regional development; (follow links to similar papers)
JEL-Codes: O15; O30; (follow links to similar papers)
26 pages, March 13, 2012
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