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A creative economy is based on people's use of their creative imagination to increase an idea's value.
The concept of creative economy can best be summed up as the income-earning potential of creative activities and ideas. The creative economy encompasses careers in photography, graphic design, fashion design, filmmaking, architecture, publishing, video games and more
If well-nurtured, the creative economy can be a source of structural economic transformation, socio-economic progress, job creation and innovation while contributing to social inclusion and sustainable human development.
The creative industries refers to a range of economic activities which are concerned with the generation or exploitation of knowledge and information.
The sector is made up of 13 distinct industries – advertising, architecture, art and antiques, crafts, design, designer fashion, film, interactive leisure software, music, performing arts, publishing, software and computer services and TV and radio.
Creativity-based model include all kinds of creativity, whether expressed in art or innovation.
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