Dynamic Models of the Creative Industries’ Behaviour

Four Models of the Creative Industries

What is the dynamic value of the creative industries from the economic perspective? This paper seeks to answer this question by proposing four models of the relationship between the creative industries and the whole economy, then examining the evidence for each. We find that growth models fit the data well, but not everywhere. We discuss the methodological and empirical basis for this finding a...

ICON: Authentic 3D Cultural Heritage Models for the Creative Industries

Many UK museums are developing their expertise in the creation of 3D models of objects in their collection. To-date, these authentic, high-quality models have not been made available to the digital creative industries, who instead have relied on manually created models that cannot be relied on to be accurate. This paper introduces ICON, a cross-sector collaborative R&D project that is developin...

New Research Processes and Business Models for the Creative Industries

And Creative Industries

Recycling is the process by which previously used materials are utilized in producing new products. Finding natural materials for used in construction is getting more and more difficult worldwide. In order to reduce the dependent on natural aggregates (NA) in concrete making recycled aggregates (RA) from demolished structures and roads can be utilized as an alternative if tests proved it is sui...

Creative Destruction in Industries∗

Industries where prices decline rapidly experience early ‘shakeouts’. Existing models of the shakeout do not explain this negative relation between price decline and time to shakeout. We set up a vintage-capital model that explains this relation, and we provide some evidence in support of the mechanism that we propose. The relation emerges naturally in a vintage-capital model in which shakeouts...