The value of Cultural and Creative Industries in Local Development

"Culture is the fundamental bonds of communities and the foundation of what make us human."

"Cultural heritage tangible or not, pre or post-industrial is a major contributor to the unique image and the identity of cities and region".

The analysis is realized in nine key cultural and creative domains to consider the diverse activities and actors covered by the creative and artistic sectors. The essential cultural and creative domains are visual arts, performing arts, cultural heritage, artistic crafts, book publishing, music, film, TV, radio broadcasting, and multimedia.

"Cultural and Urban Creative tourism has a major impact on the economic places. Cultural and Creative tourism is a driving force in fostering positive economic, social and spatial dynamics (especially in smaller places)."

The Value of Cultural and Creative Industries in Local Development

Capturing the value of creative ecosystems.A recent study provides by KEA on mapping the creative value chains have an exciting approach to mapping and deepening the understanding of the local ecosystems and the influence of digitalization and technology on them.

Books, newspapers and magazines, music, performing arts, TV, film, radio, video games, visual arts, architecture, advertising are part of the CCI at the EU level.

"CCI is a by-product of constant crossover between the commercial and noncommercial sectors.

"Industries spill-overs can be defined as the multiple effects that CCIs can have in stimulating a climate of innovation where businesses and entrepreneurship can thrive: while the general level of productivity, profitability, and competitiveness within a city or region can improve, and investment and creative talent be attracted. On the other hand Network, spill-overs relate to the impacts and outcomes to the economy, society, and urban environment resulting from a high concentration of arts and CCIs activity in a city or region."

Cultural and Creative ecosystems."Creative economy is accompanied by massive developments in information and communications technology." WHich gives new forms of production, distribution, and consumption of cultural goods and services.

In their "Creative Clusters and Innovations report that "creative industries are like generators of local innovation process partly through the innovative activities in which they engage, but also indirectly through generating creative spills-overs that benefit the wider economies of the places where they are located." (Chapain et al)

"Innovation is understood as a system capable of going beyond traditional forms of technology and R&D into a multidisciplinary and cross-sectoral activity." Today's economy is characterized by a "customization" of products and services."

"Creativity and the skills related to it are the forces of changes, cutting across sectors, solving problems and generating new ideas.."

"Creativity itself operates through a system of relationships and-together with expression- it flourishes through the cultural ecology producing spill-overs which can be exploited for economic gain anywhere within." (Holden 2004).