Social capital, intellectual capital and creative capital are the
factors of production for the Innovation Economy;
next economic paradigm. Few people realize that Silicon Valley arose
from a perfect storm of social capital from the 1960’s, the music and
arts scene of the same era, and the proximity of academic centers
Stanford and Berkeley. The Bay area corporations may have been the
beneficiaries, not necessarily the originators of innovation.
Creative Capital remains the least understood, yet most important element of the Next Economic Paradigm. As we continue our march into the regime of social media it is imperative that we understand, support, and develop this critical factor. We cannot “take it for granted” that creativity exists and will always exist. It must be recognized, developed, and integrated into the fold of Social Media.
To read the full, original article click on this link: Is Creative Capital Understood? |
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