Abstract

The cultural and creative industries (CCI) are seen as an important growth-promoting vehicle in modern policymaking circles. However, creative firm growth is still largely an enigma, with only little across-firm variance being explained in the extant literature. This theoretical essay reviews what is known, and explains why the creatives and their industries are a very special case. Specifically, we argue that both the micro-level motivational drive of the typical creative and the meso-level opportunity structure of the CCI are very distinctive, with far-reaching consequences for a (firm) growth theory tailored at the CCI: creatives are motivated differently than are non-creatives, and the opportunities in the CCI are different from those in the non-CCI. Jointly, the micro-level characteristics of individual creatives and the meso-level features of the aggregate CCI generate a macro-level ecosystem with very distinctive selection processes. Taken all this together, this implies that we take the first step toward developing a CCI (firm) growth theory that is both nested in and distinctive from a general theory of firm growth.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.