Category Archives: Article

IMPORTANCE OF CREATIVE INDUSTRIES

  Posted By Maheen Fazal   February 16, 2023   0   Article

The creative Industry is a professional body established with the aim to provide employment opportunities through the proper utilization of intellectual property (skills, talents, etc.). Creative industries usually cover the domains of advertising, architecture, books, gaming, movie, music, newspapers and magazines, performing arts, radio, TV, visual arts, etc. In 2019, Creative industries comprised about 300,000 companies in the UK, or over one in eight (11.8%) businesses.

The economy of any country is directly reliant on creative industries. Based on a research report released by UNESCO, creative industries are a source of 29.5 Million jobs globally.

The Creative industries not only strengthen the economy of a country but has multiple pros as well. The greatest one is the introduction of innovative ideas, skills, technology, etc. The promotion of innovation is the prime aim of Creative Industries. Another importance of such platforms is elaborate working in the research and development sector. By bringing up an in-depth analysis and working regarding any field and everyday life aspects, creative industries can also contribute to the economy in a positive way. The third most important aspect is the element of creativity. Such Creative industries bring creative ideas into society with the purpose of implementation. Based on research conducted by PEC UK, compared to 45% of the entire economy in 2019, 72% of the creative workforce is highly qualified, meaning they hold a degree or higher-level qualification (Level 4 or higher) or equivalent. Such elements clearly reflect how creative industries are the backbone of an economy. Thus, not letting talent go to waste but instead utilizing it for the greater good is the true purpose of creative industries.

IMPORTANCE OF CREATIVE PROFESSIONALS

IMPORTANCE OF CREATIVE PROFESSIONALS

  Posted By Maheen Fazal   February 15, 2023   0   Article

“Creativity is seeing what others see and thinking what no one else ever thought.”

Albert Einstein’s words are evidence to elaborate that creativity is a blessing, not everyone is blessed with. Our capacity for creativity enables us to approach difficulties with greater ingenuity and openness.

A society that has lost touch with its creative side is imprisoned. A society’s viewpoints will be widened, and prejudices may be lessened if there are many Creative people in that society. Along with that, society is financially strengthened if talent is valued and doesn’t go to waste. Statistics released by expertlio provide evidence that creativity accounts for 2.3 Trillion dollars of activity in the Global Economy ($85 Trillion) – that’s 2.7% of the global economy.

An Individual’s ability to think creatively will enable him to solve challenges from new perspectives, take calculated risks, and try novel things. A creative individual’s next billion-dollar idea might come to mind through creative thinking. This is a very strong reason, why creative individuals are valued so much.

While creativity is an element that unites cultures and countries it also plays a role in the economy. Multiple factors must be highlighted that make creative individuals of prime importance. The percentage of more and more creative individuals helps boost a state’s economic situation. If creative individuals work in the creative industry by utilizing their talents, they play a huge part in contributing to the economy. Based on research conducted by the policy circle, the creative economy contributes over 6.1% to the global gross domestic product (GDP), averaging between 2% and 7% of national GDPs around the world. The second most important element that increases the value of creative individuals is the removal of cultural boundaries. By utilizing the ideas and cultures of different countries in one’s art pieces, creative individuals can drop down the boundaries of culture and can unite different ethnic groups and communities.

Based on all the stats and material shared above, it can be stated with assurance that creative individuals in any country are an asset. They not only play a part in financially stabilizing the economy, but also play a part in the amalgamation of cultures to extend the horizon of innovations and progress.

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