Creativity is key to economic growth

The ‘creative economy’ is an evolving concept based on the potential of ‘creative assets’ to generate socio-economic growth and development. The term ‘creative economy’ is more or less the same as the more common terms in the UK, the creative economy/cultural industries. The report claims that if effective public policies are put in place, the creative economy could generate development dimensions, offering new opportunities for developing countries to leapfrog into high-growth areas of the world economy.

via Creativity is key to economic growth in developing countries, suggests new report – 2008 – News archive – News – News and media – Home.

Harnessing Creativity Vital to Economic Growth

The measurement of wealth has shifted away from the number of factories, smokestacks and assembly lines that rely on low-skilled labor, in Ryan’s view. Rather, “knowledge-based” industries, requiring highly skilled and talented people to create, develop and manufacture, are becoming the drivers of economic growth.

via Harnessing Creativity Vital to Economic Growth.