The Economic Impact of the Creative Industry in the European Union

Doménech, Rafael; Köster, Pau Rausell

doi:10.1007/978-3-319-95261-1_2

Cited by 36 publications

(22 citation statements)

References 20 publications

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“…The gap between the developed countries, as they are often called, and the developing/underdeveloped countries is traceable to the level of creativity and innovation of their industries and employees. There is empirical evidence that international cultures have implications on the creative potentials of citizens and industries across nations (Shao et al, 2019;Liu & Silva, 2018;Boix-Domènech & Rausell-Köster, 2018;Lubart, 2010). Boix-Domènech and Rausell-Köster (2018) quantified the direct and indirect impacts of the creative industry and concluded that the creative industry not only has a direct impact on the employment and production, but also contributes to the technological progress and long-term development of the European Union (EU).…”

Section: Introductionmentioning

confidence: 99%

Creativity and Organisational Efficiency: Empirical Evidence From Private Organisations in Nigeria

Inegbedion

Obadiaru

et al. 2021

Creativity Studies

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The study investigated creativity and organisational efficiency in Nigerian private organisations to ascertain the extent to which workforce creativity enhances organisational efficiency. The quantitative methodology was employed and the research design was a cross-sectional survey. Stratified sampling was employed in selecting respondents from ten multinational companies across the six geopolitical zones in Nigeria. Research data were elicited from the respondents with the help of a structured questionnaire. The question response format of items addressing the research questions in the questionnaire were of the five-point Likert scale. The study used measurement items related to the extant literature for all the measures. Structural equation modeling was employed in data analysis with organisational efficiency serving as the latent variable while creativity constructs served as the measured variables. Results show that three out of the four constructs of creativity were significant predictors of creativity Thus, the competitive environment, social capital and technological factors influence creativity and that creativity predicts organisational efficiency.

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Section: Introductionmentioning

confidence: 99%

Creativity and Organisational Efficiency: Empirical Evidence From Private Organisations in Nigeria

Inegbedion

Obadiaru

et al. 2021

Creativity Studies

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“…However, it is also known, from scientific evidence [41], that the size of the cultural and creative sectors has causal effects on productivity, innovation propensity, humanization, and adaptation of the technological model, the health and wellbeing of citizens and their commitment to shared values, and the resilience and capacity for growth of an economic system. Today, the combination of creativity and memory as resources, digitalization as a process to be intensified, and sustainability as the final objective, have become the driving force behind the development of a circular, experiential, collaborative, and more egalitarian economy.…”

Section: Discussionmentioning

confidence: 99%

Mayors, Using Cultural Expenditure in An Opportunistic Way Improves the Chances of Re-Election, but Do Not Do It: Revisiting Political Budget Cycles

et al. 2020

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This article analyzes whether expenditure on the provision of merit goods, culture, health, education, and sports, by local governments, in medium-sized cities (between 20,000 and 100,000 inhabitants) is tied to the electoral cycle; that is, whether expenditure increases in the run up to an electoral process. Further, we analyze whether the increase in spending on Culture by local governments has any significant effect on the probability of local governments being re-elected. To answer these questions, a database of 350 medium-sized municipalities is used comprising the period 2011 to 2019, when two municipal elections were held in Spain; in 2015 and in 2019. The results confirm that both total spending and spending on culture and sports, are tied to the electoral cycle, while expenditure on other merit goods is not. Moreover, using a logit model, it is confirmed that an increase in culture expenditure has a significant effect on the probability of the government being re-elected. Specifically, a one-third increase in cultural expenditure, as a proportion of total expenditure (e.g., passing from 6% to 8%) at local government level, improves re-election chances by almost 10%.

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“…By scanning the results of the majority of recent European studies about CCIs, their contribution in Europe to the national GDP ranges between 5 and 10%. By contrast, when it comes to the regional level, the enthusiasm about the CCIs' potential remains rather limited and not fully utilized [10][11][12][13][14]. In particular, similar to definitional challenges, it is practically impossible to compare the performance of CCIs and their contribution to regional development due to the heterogeneity in their definition, the prevailing differences in national/regional data gathering systems and the allocation of CCIs to different economic output indicators within the economic regional paradigms [15].…”

Section: Introductionmentioning

confidence: 99%

Cultural and Creative Industries as Innovation and Sustainable Transition Brokers in the Baltic Sea Region: A Strong Tribute to Sustainable Macro-Regional Development

Gerlitz

Prause

2021

Sustainability

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Recent research shows increasing efforts to unfold the potential of Cultural and Creative Industries (CCIs) for regions in order to pursue new sources of innovation, competitive edge and to manifest sustainable and inclusive growth paths driven by creativity. Due to its strong commitments to the Sustainable Development Goals (SDGs) of the United Nations, on the global level, the Baltic Sea Region (BSR) has become a role model in sustainable development. Yet, individual BSR countries face challenges in the implementation of those goals. In this light, by building on the intermediate results (2017–2020) of two EU Interreg projects—Creative Ports and CTCC—this research reveals CCIs’ potential for sustainable development avenues. The investigation is based on case study methodology underpinned by empirical data gathered from participating Small and Medium-Sized Enterprises (SMEs) and topical experts met during the projects’ implementation and study visits. The present multi-project applied research reduces the research-to-practice gap pertaining to the so far underestimated role of CCIs for supporting traditional SMEs in the implementation of their sustainable ideas. Once engaged into cross-sectoral collaboration with traditional SMEs, CCIs become important brokers—sustainable innovation drivers and enablers within regional ecosystems through contribution to environmentally responsible, socially equitable and economically feasible solutions for the business they work with. Thus, on the one hand, CCIs support SMEs in their transition towards more sustainable managerial performance. On the other hand, CCIs overcome disconnection and increase their recognition through new collaboration opportunities, thus providing them with new capitalization avenues on the regional and international level.

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The Economic Impact of the Creative Industry in the European Union

Cited by 36 publications

References 20 publications

Creativity and Organisational Efficiency: Empirical Evidence From Private Organisations in Nigeria

Creativity and Organisational Efficiency: Empirical Evidence From Private Organisations in Nigeria

Mayors, Using Cultural Expenditure in An Opportunistic Way Improves the Chances of Re-Election, but Do Not Do It: Revisiting Political Budget Cycles

Cultural and Creative Industries as Innovation and Sustainable Transition Brokers in the Baltic Sea Region: A Strong Tribute to Sustainable Macro-Regional Development

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