On the Micro-Foundations of Creative Economy: Life Satisfaction and Social Identity
Abstract
:1. Introduction
2. Toward a Creative Economy for Sustainable Development
3. Life Satisfaction as a Micro-Foundation of the Creative Economy
4. Life Satisfaction, Social Identity, and the Creative Economy
5. The Construction of Social Identity and the Empirical Analysis
5.1. The Methodology Employed
5.2. The Empirical Results
5.3. Exogenous and Endogenous Influences within Social Identity
5.4. Further Analysis of the Endogenous Influences
6. Conclusions: Altered Priorities Are Translated to Altered Identities
7. Policy Implications: Toward Life Satisfaction and Further Research
Supplementary Materials
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Acknowledgments
Conflicts of Interest
References
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Grouping of Variables | Variables |
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Degree of Life Satisfaction and Individual State | Happiness (+) State of Health (–) |
Identity Traits | |
Life Attitudes | Cultural Change (+) Lending (+) |
Demographics | Age (+) Level of Education (+) |
Dependent Variables | R2 | Grouping of Variables | Variables |
---|---|---|---|
Happiness | 15.43% | Exogenous Influences within Social Identity | Sate of Health (–) Age (–) |
Positive Secondary Influences within Social Identity | Inequality and the State (+) Trust (+) Adventure-Seeking (+) Political Self-Definition (+) | ||
Negative Secondary Influences within Social Identity | Surprises (–) Creativity (–) | ||
Cultural Change | 36.28% | Exogenous Influences within Social Identity | State of Health (–) |
Positive Secondary Influences within Social Identity | Tradition (+) | ||
Negative secondary Influences within Social Identity | Role of Migrants (–) Political Self-Definition (–) | ||
Lending | 3.08% | Exogenous Influences within Social Identity | Income Status (+) Age (–) |
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Petrakis, P.E.; Kanzola, A.-M. On the Micro-Foundations of Creative Economy: Life Satisfaction and Social Identity. Sustainability 2022, 14, 4878. https://doi.org/10.3390/su14094878
Petrakis PE, Kanzola A-M. On the Micro-Foundations of Creative Economy: Life Satisfaction and Social Identity. Sustainability. 2022; 14(9):4878. https://doi.org/10.3390/su14094878
Chicago/Turabian StylePetrakis, Panagiotis E., and Anna-Maria Kanzola. 2022. "On the Micro-Foundations of Creative Economy: Life Satisfaction and Social Identity" Sustainability 14, no. 9: 4878. https://doi.org/10.3390/su14094878