http://www.proinno-europe.eu/promotion-pro-inno-europe-results/newsroom/european-competitiveness-report-2010-innovation-and-creat
The European Commission has today (October 2010) published the
'European Competitiveness Report 2010'. Recovering from a severe
recession, the report identifies the main future determinants of EU
competitiveness on world markets. One of these determinants is the
creative industries sector, which is among the fastest growing sectors
in the EU creating new jobs, playing key roles in global value chains
and spurring innovation.
Accounting for 3.3% of total EU GDP and 3% of employment, creative
industries are one of the most dynamic sectors in Europe with a large
growth potential. Empirical evidence shows that creative industries
strengthen regional growth and that they are the most potentially
innovative of all EU sectors. This has made the EU one of the biggest
exporters of creative goods. Creative industries are not only
innovators themselves but they are also important drivers of
innovation developed in non-creative industries. Creative industries
also play a large role, as users of new technologies, in the
dissemination of innovations. According to the European
Competitiveness Report 2010 there is, however, no place for
complacency, action is needed to tackle the specific challenges this
sector is facing to unlock its full potential.
Producers of creative industries' goods and services are prone to
several market failures. Creative industries face considerable
uncertainty and volatility in demand, which makes it difficult for
them to attract finance. According to the European Competitiveness
Report this can be tackled with a smartly designed public procurement
programme. The prime problem is rather the lack of proper markets and
the lack of properly functioning price mechanisms. Next to national
policies, the EU can also contribute to the flourishing of creative
industries by supporting the mobility of creative Europeans, enforcing
the implementation of the Service Directive, establishing a true
single market for online content and services and by standardisation.
Due to the strong link between creative industries and regional
development, the Structural Funds could also serve as enablers for the
sector.
In conclusion, the European Competitiveness Report 2010 demonstrates
that creative industries have a recognized important and
transformative role in the EU's economy. It shows that creative
industries are the main drivers of innovation and encompass an even
bigger potential. To unlock this potential, the main barriers which
this sector is facing should be tackled through regional, national and
EU policies.
File Attachment: on the site - link at top
European_Digital_Competitiveness_report_2010.v1(Main_report).pdf
European_Digital_Competitiveness_report_2010.v2(ICT_Country_Profiles).pdf
European_Digital_Competitiveness_report_2010(STAFF_WORKING_DOCUMENT).pdf
Ghislaine Boddington