Forbes on Nostr: The Creative Economy Is Booming: Why Are Creatives Not? ========== The creative ...
The Creative Economy Is Booming: Why Are Creatives Not?
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The creative economy is booming, with the sector's total value growing to nearly 3% of GDP in countries like Georgia and Mexico. Globally, it is estimated that the creative economy could be worth up to 10% of global GDP by 2030. However, despite this growth, many creatives are not benefiting. The lack of understanding of how the creative and cultural industries function as an economy and the absence of robust intellectual property regulation are to blame. Countries like Kyrgyzstan and Nigeria, which have invested in creative economy strategies, are facing challenges due to inadequate intellectual property policies. Without proper regulation, investors are pulling out of these markets, and creators are offshoring their content. To fully leverage the potential of the creative economy, there needs to be a focus on developing strong intellectual property policies and mandates.
https://www.forbes.com/sites/shainshapiro/2024/05/13/the-creative-economy-is-booming-why-are-creatives-not/
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The creative economy is booming, with the sector's total value growing to nearly 3% of GDP in countries like Georgia and Mexico. Globally, it is estimated that the creative economy could be worth up to 10% of global GDP by 2030. However, despite this growth, many creatives are not benefiting. The lack of understanding of how the creative and cultural industries function as an economy and the absence of robust intellectual property regulation are to blame. Countries like Kyrgyzstan and Nigeria, which have invested in creative economy strategies, are facing challenges due to inadequate intellectual property policies. Without proper regulation, investors are pulling out of these markets, and creators are offshoring their content. To fully leverage the potential of the creative economy, there needs to be a focus on developing strong intellectual property policies and mandates.
https://www.forbes.com/sites/shainshapiro/2024/05/13/the-creative-economy-is-booming-why-are-creatives-not/