Risk in Business model operation of creative industries

Creative industries , new business formation and regional economic growth

The present study explores the impact exerted by a series of factors and processes including creativity, IPR activities, new business formation and the provision of amenities on economic growth for 103 Italian provinces (NUTS 3) over the period between 2001 and 2006. Provincial growth rates are measured alternatively by value added growth and employment growth. Findings show a positive effect o...

New Research Processes and Business Models for the Creative Industries

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...

Creative industries in East Asia

Throughout East Asia, the growth process and its sources are changing in a number of important respects, especially for middle and higher income economies. Growth will increasingly come from the strength of innovative activities in these economies instead of factor accumulation as in the past. Recent research suggests that such innovative activities, especially in producer services and the crea...

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...