Evolving Creative Class in Emerging Markets: Applying Richard Florida's "Creative Capital Theory" to countries and cities around the world

Richard Florida's book, The Rise of the Creative Class, posits that the economic success of some US cities over other in successfully transitioning to a service the knowledge economy is predicated on the extent to which it has fostered the development of three factors: talent, technology and tolerance. With the growing economic success of various emerging markets, or client, HSBC Global Asset Management, was interested in testing whether a global application of this theory was possible.