Creative Class

• 1. The Role of the Creative Class in the contemporary world ng Hong Giang

2. 18 + 6 + 14 + 10 17 + 1 + 6 3. THOMAS FRIEDMAN: The world is flat. Location doesnt matter. You can innovate without having to emigrate. 4. THE WORLD: Economic activities, measured in light emissions 5. THE WORLD: Centers of innovation, measured in number of patents 6. 40 Mega regions: - only 17% of the World's population, but - 2/3 of Worlds GDP and - over 85% of its innovation In the US, 5 largest metro regions account for 23% of GDP. Cities and regions: engines of economic growth. Place remains essentially important 7. RICHARD FLORIDA: The world is spiky. Topology of the world: - Spikes - Emerging peaks / Hills - Valley The world is getting spikier! Growing gap between spikes and valleys Peak-to-peak connectivity 8. THE CREATIVE CLASS: - Science, engineering, education, IT, arts, design, media - Knowledge intensive work - Create new ideas, technology, content - Problem solving and problem finding 9. THE RISE OF THE CREATIVE CLASS IN THE US: Early 20th century: Most people were farmer, only 5% in creative sector Mid 20th century: 50% were workers, 10% in creative sector Early 21st century: 30% in the creative sector Creative Class Worker Class Service Class 10. THE VALUE SYSTEM OF THE CREATIVE CLASS: - Meritocracy - Diversity - Individuality - Work as identitys expression, not just way to feed family - Quality of life 11. THE CREATIVE CLASS IN THE SPIKY WORLD: The Creative Class drives the spikes, responsible for economic growth The force of clustering: Talents attract talents 12. OLD WAY: People move to where jobs are NEW WAY: Jobs are created where talents are >>> Different incentive structure, development strategy 13. HOW TO ATTRACT CREATIVE CLASS: Brain Drain not just between countries, but regions: 90% US regions export talents to the other 10% The three Ts: Talent Technology Tolerance Not just business climate, but people climate Bohemian index Gay index Creativity index 14. CONCUSION Who wins the Creative Class, wins the competition: Floridas influence in city policy / planning Critics: - Inequality - Lost of citys uniqueness - Link between creative class - economic growth? 15. DISCUSSION Is there a Creative Class in Vietnam? If yes, what defines it? The role of Creative Class in Vietnam? How to nurture and grow Vietnams Creative Class?