Creative Cultural Economy
Industries combining creative cultural work and commerce today constitute a well-organized part of the economy. The creative cultural economy is characterized by high entry cost, great uncertainty, and strongly knowledge-based and labour-intensive production. It uses advanced, often digitized technology. Technological change may lead to lock-in effects. As a consequence, switching from an older to a newer technology may incur significant costs.
KeywordsCultural work Creativity Commerce Knowledge-intensive Labour-intensive Digitized technology Entry cost
Important contributions to the creative economy include
Many topics are treated in the following collection of articles
- Towse R, Handke C (eds) (2013) Handbook on the digital creative economy. Edward Elgar, Cheltenham UK and Northampton, MA. USAGoogle Scholar
Contracts in the creative economy are analysed in
- Caves RE (2000) Creative industries: contracts between art and commerce. Harvard University Press, Cambridge MAGoogle Scholar