Creative Industries: Development Processes Under Contemporary Conditions of Globalization

Valerija Kontrimienė,Borisas Melnikas

doi:10.3846/bme.2017.340

Abstract

The article deals with the processes of developing creative industries under conditions of a growth in the worldwide economy and globalization, discloses the role of the sector of creative industries and shows its place in the system of the modern global economy. The paper presents a comparative analysis of theories and theoretical approaches intended for the sector of creative industries and its development as well as defines regularities and specificities characteristic of the development of creative industries. Particular attention is shifted on the growth and development of creative industries considering the current challenges of globalization and on the most important specificities of the developing sector in the context of the challenges of economic globalization. The paper examines the trends reflecting the place of the sector of creative industries in the economy of the modern world, including the tendencies indicating changes in the export of the products created in this sector. The article considers the issues of developing creative industries and reveals priorities of future research.

Highlights

Under conditions of modern globalization, numerous changes covering mainly all areas of socio-economic life are taking place worldwide
That some sectors, which are included in creative industries, are labor- intensive with comparatively low economic performance and some are capital-intensive and commercially-oriented, (TV, radio, filming) the main consideration behind the UK DCMS model was that “creative industries drew upon the new concept of convergence to argue that the future of arts and media in Britain lay in transformation of dominant policy discourses towards a productive engagement with digital technologies to develop new possibilities for alignment of British creativity and intellectual capital with these new engines of economic growth” (Flew 2012)
The full-scale recognition and development of creative industries are extremely important for both, the global economy and the economic growth worldwide

Summary

Introduction

Under conditions of modern globalization, numerous changes covering mainly all areas of socio-economic life are taking place worldwide. The traditions of long-term historical development reflect the fact that different creative, industrial and service-providing activities forming the sector of contemporary creative industries and attributed to this particular area have existed and historically developed for a long time. In view of the fact that the sector of creative industries is growing to be a more and more important part of the modern economy, the ability to prepare, propose and implement highly effective and efficient measures for developing and improving this sector is of crucial importance This requires serious and profound scientific knowledge and research taking into account various fields of the development of creative industries strongly considering challenges for modern globalization and progress in the worldwide economy. Research methodology involves a comparative analysis of different theories and theoretical approaches as well as an economic statistical analysis of the development processes of creative industries

Creative industries and their development: main theoretical approaches

Design

Findings

Conclusions