Arts, Culture and Creativity as Drivers for Territorial Development, Innovation and Competitiveness

Abstract

Notwithstanding the heterogeneity of the Cultural and Creative Industries (CCI) sectors, all of them exhibit similar causes of market failure and face similar challenges related to the digital shift and to increasing globalisation. CCI share a common need for policy intervention to correct their market failures facing the digital and globalization challenges. This work seeks to establish a preliminary approach to the CCI’s related local/regional competitiveness and innovation policies. The general objective of the work is to develop a basic understanding of the risks and challenges (organizational, technological and institutional) of the CCI in Europe in order to be able to develop smart local and regional innovation policies for competitive CCI development and a favourable stimulation of innovative spill-over effects towards the rest of the economy. The understanding of risks and challenges is relevant for the design of effective and balanced European public policies for innovation and competitiveness in an ever-more intangible and creative economy. This work seeks to give a preliminary approach to a decisive lack of knowledge on the mechanisms of creative/cultural regional innovation policies.