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Creative Regions in Europe: Exploring Creative Industry Agglomeration and the Wealth of European Regions
Abstract
This chapter examines the existence of regional agglomerations of manufacturing, service and creative industries, and the relationship between these industries and the wealth of regions. Through an analysis of 250 European regions, three important conclusions can be inferred from the results obtained in this chapter. The first is that creative industries play an important role in the wealth of the regions. The second is that the most creative regions are characterized by having more high-tech manufacturing industries than the rest of the regions, although the number of low-tech manufacturing firms is similar. Lastly, in the richest regions, a greater share of high-tech manufacturing industries coexists with a greater share of creative industries. The importance of this chapter resides in the fact that up until now no analysis has demonstrated that creative industries are the most important industries in regional wealth.
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