Time as a cultural factor and its socioeconomic importance: State of the art and future research lines

Ramon Cladellas


The aim of this paper is analyzing the economic concept of time based on historical and cultural factors. The manuscript presents the historical evolution of the concept of time, highlighting its conceptualization since ancient times until now. Subsequently, the paper analyzes the economic value of time down through the history of no-time (leisure time) and its cultural contextualization (occidental culture/linear conception vs. oriental culture/cyclical conception). Finally, the contemporary state of the concepts of time and money, and suggests the need to establish a new culture of time, which should be taught from an early age.


time, money, culture, leisure time

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DOI: http://dx.doi.org/10.3926/ic.112

Licencia de Creative Commons 

This work is licensed under a Creative Commons Attribution 4.0 International License

Intangible Capital, 2004-2021

Online ISSN: 1697-9818; Print ISSN: 2014-3214; DL: B-33375-2004

Publisher: OmniaScience