Cultural and Creative Industries in Europe: Maximising the Contribution of Culture towards Social and Economic Development
Culture represents an extensive economic asset and a valuable source of creativity and innovation. According to the European Parliament’s report on EU policy for cultural and creative industries (June 2016), Cultural and Creative Industries (CCIs) have become high-capacity engines for economic growth, representing 11.2% of all private enterprises and 7.5% of all employed persons. Beyond their significant economic contribution, CCIs have built a bridge between arts, culture, business and technology.
Date:Tuesday 21st March 2017
Time:10:00am — 4:30pm
However, CCIs’ potential remains poorly exploited and is at risk of being compromised by changes in increased digital technologies, persistent economic instability, and considerable changes in the regulatory European framework. CCIs have moreover struggled to evidence the potential of their sector to investors and have suffered from legislative hindrances such as intellectual property rights and varying tax regimes.
To unlock the potential of CCIs, the European Commission has introduced initiatives such as the Creative Europe Programme with a total budget of €1.46 billion. This programme aims to stimulate cross-border cooperation among Small and Medium Enterprises (SMEs) in the cultural heritage sector, whilst supporting policy work undertaken in the 2015-2018 Work Plan for Culture. With the continuous evolution of the cultural and creative sectors, there is an increased need to support the expansion and skills development of professionals employed in the industry through greater improvements in education and training. Similarly, it is essential that we recognise and utilise the potential contribution of migration towards cultural enrichment and consider its integration in the CCIs.
This timely symposium will provide an opportunity to discuss ways to drive the development of cultural and creative industries in the EU and examine how cross-sector and cross-border collaborations can lead to a stronger and more competitive cultural sector. In addition to their economic value, this symposium will also explore the potential of cultural and creative industries to foster an inclusive European identity and support social cohesion.