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Michael Hoelscher

In: Cultural Expression, Creativity and Innovation

Chapter 2.3: Measuring Creativity and Innovation

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Measuring Creativity and Innovation
Measuring creativity and innovation
MichaelHoelscher

‘If frequent teabreaks and other manifestations of disguised leisure are regarded as goods, and economics suggests that they be so regarded, their inclusion in any index of output per capita might go some way to enhance Britain's comparative performance.’

Introduction

Creativity and innovation have become central issues in the debate on economic competitiveness over the last two decades or so. Although already in 1939 Schumpeter described ‘creative destruction’ as the single main task of the entrepreneur, mainstream neoclassical economics has only recently begun to concern itself with the question of economic change (Nelson, 2007: 28). In this context, notions such as the knowledge society or the knowledge economy (e.g., Sorlin and Vessuri, 2007) have given rise to deeper ...

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