Word of the Day: Creative Economy

Creativity
photo: Pixabay

The creative industries refer to a range of economic activities which are concerned with the generation or exploitation of knowledge and information. They may variously also be referred to as the „cultural industries“ (especially in Europe) or the „creative economy“ (Howkins), and most recently they have been denominated as the „Orange Economy“ in Latin America and the Caribbean.

Howkins' creative economy comprises advertising, architecture, art, crafts, design, fashion, film, music, performing arts, publishing, R&D, software, toys and games, TV and radio, and video games.