091122 Determinants Creative Industries

HKU

Rene KOOYMANBrussles22 Nov 09

Report

Conceptual frameworkDescriptionAnalysesRemarks ExplanationEvaluation

Entrepreneurial behaviour:The Creation of Economic, Social and Cultural Value cultural fabric of the Creative Industry is thrives on numerous small initiatives high share of freelancers and very small

companies. new type of employer is emerging; the

‘entrepreneurial individual’ or ‘entrepreneurial cultural worker’

no longer fits into typical patterns of full-time professions (EU job potential 2001)

staff headcountannual turnoverannual balance sheet

The new SME definition

Cultural Industries:• Film• DVD/Video• Tv / Radio• Video games• New Media• Music• Books and Press• Performing arts• Visual arts

Cultural and creative industries Creative Industries:

• Architecture• Advertising• Design• Fashion

Source: OECD, Measuring entrepreneurship, 2008

Topic categories for entrepreneurship indicators

The OECD/EUROSTAT framework for Entrepreneurship indicators

Entrepreneurship Determinants Themes

Access to debt financingBusiness AngelsAccess to Venture Capital Access to other types of equityTax incentivesBankruptcy Legislation

Access to finance and income generation

Access to Venture Capital

Technology in the digital era:• user-generated content and social media• Technology-driven trends , Influential developments• Innovation• Changes in the value chain: networking• IPR and Copyrights• Research & Development• New Media and new Sectors

Access to R&D and Technology

Weaknesses in business skillsTraining and experience of entrepreneursTraditional Business Education Entrepreneurship Education (skills) Entrepreneurship Infrastructure (Public and Private)

Entrepreneurial capabilities

Risk attitude in societyEntrepreneurial education (mindset)• Micro businesses: Artisan, Creative Partnership or Solo• Small-business: • Designer and Business Partner• Designer and Licensing Partner• Designer and Manufacturer• Partnership with a formal Investor

• SMEs and the Financial Sector

Culture

CompetitionAccess to Foreign Markets Degree of public involvement Procurement Regulation Differences in product characteristics

Market conditions

Administrative Burdens (entry and growth)Bankruptcy LegislationSafety, health, environment and product regulation Court-legal framework Labour Market Regulation  Social and Health Security Income TaxesBusiness Taxes and Fiscal IncentivesWealth and Bequest Taxation

Regulatory framework

Regulatory framework

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