creative-class

As U.S. states, cities and towns seek to promote economic growth by helping to foster new businesses and innovation, universities, colleges and regional knowledge centers have become a key area of focus for policy makers. Research shows that the dynamics are complex, however.

The number of well-educated residents that areas draw can have a bearing on economic vitality, and yet local and regional planners must consider how far they should go in appealing to residents who will bring such “human capital.” One outstanding question remains precisely how cultural amenities such as museums and theaters translate into value beyond aesthetic enjoyment.