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The discipline of economics has traditionally refused to study the behavior and achievements of specific individuals. Yet creativity – a primary source of the technological change that drives economic growth – is largely the domain of extraordinary individuals or small groups. For the first...
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This paper debunks three persistent myths: that creativity is greatest in youth, that wisdom hinders creativity, and that every discipline has a single peak age of creativity. These myths systematically neglect the achievements of experimental innovators – including such figures as Charles...
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This paper studies life cycle creativity among Nobel laureate economists. We identify two distinct life cycles of scholarly creativity. Experimental innovators work inductively, accumulating knowledge from experience. Conceptual innovators work deductively, applying abstract principles. We find...
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The discipline of economics has traditionally refused to study the behavior and achievements of specific individuals. Yet creativity - a primary source of the technological change that drives economic growth - is largely the domain of extraordinary individuals or small groups. For the first time...
Persistent link: https://www.econbiz.de/10013143128
Recent research has shown that all the arts have had important practitioners of two different types -- conceptual innovators who make their greatest contributions early in their careers, and experimental innovators who produce their greatest work later in their lives. This contradicts a...
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