Creative Capital
Creative Capital refers to the idea that creativity and innovation are valuable assets in driving economic growth and social progress. It encompasses the skills, talents, and ideas of individuals and groups that can lead to new products, services, and solutions. This concept highlights the importance of fostering an environment where creativity can thrive, benefiting both businesses and communities.
The term is often associated with the work of Richard Florida, who emphasizes the role of the creative class in shaping urban development and economic strategies. By investing in creative industries and supporting artists, entrepreneurs, and innovators, societies can harness their potential to create lasting change.