Creative Growth

CHINA: Hangzhou’s cultural and creative industries generated 223.21 billion yuan (US$34.88 billion) in 2015, up 20.4 percent from the prior year, according to a recent white paper from the municipal government. Read more

Creative Industries: Boosting Or Becalming Female Entrepreneurs?

UNITED STATES: Female entrepreneurs across the globe are provided with better opportunities in cultural and creative industries, according to a new report from consultancy, EY. The report, Cultural times: The first global map of cultural and creative industries, examined the impact that the cultural and creative sectors have had on the worldwide economy. It found that they contributed significantly to global prosperity and were of particular importance with regards to start-ups and entrepreneurs. Read more

Creative industries are 'driving force' of UK economy, says David Cameron

'From Asia to America, they’re dancing to our music, watching our films and wearing our designers’ latest creations'. Britain's creative industries have become the driving force of the UK economy, the Prime Minister said at the launch of a new scheme to help creative entrepreneurs raise investment and win new customers. Speaking at the Creative Entrepreneurs event at 10 Downing Street on Wednesday, David Cameron said that the creative economy is growing three times faster than any other sector, and currently generates £80bn per year for the UK - or £8.8m per hour. Read more

Mapping Mumbai’s cultural and creative industries

Exciting ideas for urban living this year were not limited to design and planning of cities, buildings and vehicles. An idea with repercussions for future urban development was concretised into a path-breaking report for the first time ever in the world last week. It compels us to look at urban areas with new insight: Cities as hubs of cultural and creative industries that run into trillions of dollars worldwide, and how these industries impact the attractiveness or liveability of cities. Read more