Cluster analysis of creative industries in the EU

Economic Annals-ХХI: Volume 154, Issue 9-10, Pages: 15-18

Citation information:
Baculakova, K., & Gress, M. (2015). Cluster analysis of creative industries in the EU. Economic Annals-XXI, 9-10, 15-18. https://ea21journal.world/index.php/ea-v154-03/

Kristina Baculakova
PhD Student (Economics),
University of Economics in Bratislava
1 Dolnozemska Str., Bratislava 5, 852 35, Slovak Republic
kristina.baculakova@euba.sk

Martin Gress
PhD (Economics),
Lecturer,
University of Economics in Bratislava
1 Dolnozemska Str., Bratislava 5, 852 35, Slovak Republic
martin.gress@euba.sk

Cluster analysis of creative industries in the EU

Abstract. The importance of creative industries is continuously rising. Although relevant questions were first discussed in 1998, the studies of this topic have been very local and focused only on a limited number of countries. Based on this, the purpose of the present paper is to analyse creative industries in the member states of the European Union. Our objective is to determine factors which are supposed to have a positive impact on further development of creative industries. The status of creative industries in the European area is very different. Therefore, we have decided to divide all the countries studied according to the results reflected in the selected variables. Cluster analysis has been applied to define groups of countries with similar results in selected categories according to Florida’s technology – talent – tolerance approach. The data are presented in 9 variables for the 28 member states of the EU. The new findings relate to the selection of countries with good perspective for further development of creative industries. The results of the research will help to focus on support programs and financing of the most crucial areas of the EU.

Keywords: Creative Industries; Cluster Analysis; Florida; 3T

JEL Classification: Z10; R11

References

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Received 25.08.2015