Advertisement

Economics of Creativity

  • Åke E. AnderssonEmail author
Chapter
Part of the Advances in Spatial Science book series (ADVSPATIAL)

Abstract

Most of us have got an education adapted to the demands for specialized labor emanating in industry or public administration. Most of the jobs have been decided according to the basic principle of division of labour, generating productivity of the work. According to this principle the worker should be specialized to perform certain highly specialized tasks without any greater space for improvisation or change of work routines. Adam Smith (1776, 1904) argued strongly in favour of a far-going division of labor (or specialization of the workforce) as a way of achieving growth of productivity. However, Adam Smith clearly saw the potential conflict between creativity and productivity by division of labor and specialization of the work force: In the progress of the division of labor, the employment of the far greater part of those who live by labor, that is, of the great body of the people, comes to be confined to a few very simple operations; frequently to one or two. But the understandings of the greater part of man are necessarily formed by their ordinary employments. The man whose whole life is spent in performing a few simple operations, of which the effects to are, perhaps, always the same, or very nearly the same, has no occasion to exert his understanding, or to exercise his invention in finding out expedience for removing difficulties which never occur. He naturally loses, therefore, the habit of such exertion and generally becomes as stupid and ignorant as it is possible for a human creature to become. (Wealth of Nations, II)

Keywords

Citation Rate Film Production Creative Artist Popular Music Resale Price 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

  1. Andersson ÅE, Persson Olle (1993) Networking scientists. Ann Reg Sci 27:11–21CrossRefGoogle Scholar
  2. Bell Daniel (1973) Coming of post-industrial society: a venture in social forecasting. Harvard University Press, Cambridge, MAGoogle Scholar
  3. Boden M (1990) The creative mind. Weidenfeld/Abacus & Basic Books, LondonGoogle Scholar
  4. Caves RE (2000) Creative industries contracts between art and commerce. Harvard University Press, BostonGoogle Scholar
  5. Fermi L (1954/1994) Atoms in the family: my life with Enrico Fermi. University of Chicago Press, ChicagoGoogle Scholar
  6. Hardy GH, Littlewood JE, Pólya G (1934) Inequalities. Cambridge University Press, CambridgeGoogle Scholar
  7. Polya G (1945) How to solve it: a new aspect of mathematical method. Princeton University Press, PrincetonGoogle Scholar
  8. Romer PM (1986) Increasing returns and long-run growth. J Polit Econ 94(5):1002–1037CrossRefGoogle Scholar
  9. Shell K (1966) Towards a theory of inventive activity and capital accumulation. Am Econ Rev 56(2):62–58Google Scholar
  10. Simonton DK (1984) Genius, creativity and leadership – historiometric inquiries. Harvard University Press, Cambridge, MAGoogle Scholar
  11. Smith Adam (1904) An inquiry into the nature and causes of the wealth of nations, 5th edn. Methuen and Co. Ltd, London (edited by Edwin Cannan)Google Scholar
  12. Smith GJW (1990) The Creative Process: A functional model based on empirical studies from early childhood up to middle age. International Universities Press, Madision, ConnecticutGoogle Scholar
  13. Stewart IN, Peregoy PL (1983) Catastrophe theory modeling in psychology. Psychol Bull 94(2):336–362CrossRefGoogle Scholar
  14. Uzawa H (1965) Optimum technical change in an aggregative model of economic growth. Int Econ Rev 6(1):18–31CrossRefGoogle Scholar
  15. Vogel HL (1998) Entertainment industry economics: a guide for financial analysis. Cambridge University Press, CambridgeGoogle Scholar
  16. Werbach K (2000) Syndication: a new model for business relationships in the Internet Era. Harv Bus Rev 78(3):84–93Google Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2009

Authors and Affiliations

  1. 1.Jönköping International Business SchoolJönköping UniversityJönköpingSweden

Personalised recommendations