To browse Academia. What is creativity, and how can we understand innovation? Are they one and the same? Are cultural and creative industries the lodestone of the knowledge economy? In any case this current approach is more suitable for a service-based sustainable society. The creative and cultural economy in the digital environment is a growing part of the global economy. Trade based on creativity, knowledge and information generates jobs, wealth and cultural engagement.
Despite that, broader entrepreneurship policy support for CCI is used very little. In spite of the lack of attention by economic policy makers, creative industries in Latvia exist, therefore it makes sense to talk about them and analyze their economic condition as a means of understanding more deliberately their economic potential.
The aim of this paper is to explore the concept of CCI with the method of literature review and to establish an understanding of the describing terms and theories. This is crucial because the amount of literature is large and many sources express policy formulations which could be questioned with respect to their academic strength.
This research paper has three main themes — a key descriptions of CCI and related concepts; b statistical perceptions and the limitations of existing statistical frameworks; and c some interesting theories of how to perceive CCI. This paper critically analyzes the divergent perspectives on how copyright and intellectual property laws impact creativity, innovation, and the creative industries. One perspective defines the creative industries based on copyright as the means by which revenues are generated from innovation and the dissemination of new ideas.
At the same time, it has been argued that copyright and intellectual property regimes fetter creativity and innovation, and that this has become even more marked in the context of digital media convergence and the networked global creative economy. These issues have resonated in debates around the creative industries, particularly since the initial DCMS mapping study in the UK in defined creative industries as combining individual creativity and exploitable forms of intellectual property.
