Course description

Cultural and creative sectors (CCS) are very diverse. Libraries and cultural centres, film production companies, festivals, museums, global streaming services, theatre companies, visual artists, design and architectural companies, all belong to CCS but their cost structures and business models vary significantly, from not-for-profit and public institutions to for-profit and mixed models.

CCS are important in their own right in terms of their economic footprint and employment but also because of the numerous social benefits they bring to people and places.

Policies to boost the performance of CCS firms at national and regional levels include:

Promote better information sharing and capacity building around access to finance, by supporting CCS businesses to know where to look for financing and how to apply for it. This could include national or regional advice centres or online resources targeted towards CCS.

Offer tailored CCS business support, reflecting, in turn, the particularities of the business, legal and regulatory landscape for the sector. Accelerator and incubator programmes can also be better targeted towards CCS businesses and be more open to CCS firms with differing business models and growth trajectories.

Promote cross-sectoral collaboration between CCS and other sectors of the economy for growth and innovation. This can include maker spaces and co-working facilities as well as other tools to bring together, for example, artists and technologists. Greater support for cross-sectoral and interdisciplinary projects involving CCS businesses could significantly bolster existing innovation policy frameworks.

Enhance data collection and reporting of CCS innovation. Innovation and R&D data collection could take into account the ways in which innovation in these sectors is likely to differ from science and engineering-based industries.

Ensure transversality and coherence in policy areas relevant to CCS businesses, including business, innovation, taxation, intellectual property (IP) regulation, urban planning, employment and skills. This is particularly relevant at the local level where, for example, we see many regions including CCS in their smart specialisation strategies which integrate various government departments in formulating comprehensive policy agendas

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