Abstract

In the modern world, more and more countries are paying attention to the development of an economy based on intellectual labor, scientific achievements, culture, innovation and creativity. The economic value of such an economy goes beyond the simple production of cultural goods or employment of creative people; it plays an important role in changing the entire economy of the country. The review of modern economic academic literature has shown a lack of a unified approach to the terminology and content of the concept of such an economy. The study discusses main approaches to the concepts of "creative economy" and "creative industries", as well as to the composition of their activities. We examined the differences between the content of the concepts of "creative economy", "innovative economy" and "knowledge economy". A study of the state and main trends of creative industries in the world and Russia is being conducted. We found that creative industries in Russia are actively developing, but so far they cannot meet the needs of the domestic market with a significant potential for import substitution. We studied main problems of managing the development of the creative economy in Russia such as methodological, institutional, coordination, legislative, infra structural, copyright, financial and personnel problems. The main prospects for the development of the creative economy in Russia are determined.

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