Entrepreneurship in the Creative Industries

Entrepreneurship in the Creative Industries

An International Perspective

Edited by Colette Henry

The creative industries represent a vital, exciting and rapidly changing field of activity; one that is now recognised as a key growth sector in the knowledge-based economy. However, there is still a general lack of understanding of what is meant by the term ‘creative industry’, and thxe creative sector has not, to date, been the subject of concerted academic research. This book redresses the balance by providing valuable insights into the creative entrepreneurial process and platforming some of the key challenges yet to be addressed.

Chapter 5: Entrepreneurship Features of Creative Industries: The Irish Music and Dance Sector

Barra Ó. Cinnéide and Colette Henry

Subjects: business and management, entrepreneurship


Barra Ó Cinnéide and Colette Henry INTRODUCTION There is increasing recognition of the growing significance of creative industries within the economy. The sector has significant potential for wealth and job creation through the generation and exploitation of intellectual property, covering a wide range of industries, from crafts to advertising, designer fashion to antiques, entertainment to leisure software, and an extensive range of support services. The creative industries continue to benefit from high growth rates, outpacing growth in the economy as a whole, while the communications revolution and the arrival of digital networks are creating new opportunities, as well as challenges for creative entrepreneurs. Despite recent efforts on the part of policymakers to improve awareness and understanding of the creative industries, this sector has not been the subject of concerted academic research. Studies to date have made valuable contributions in particular sectors, such as film (Blair et al., 2001), media industries (Baines and Robson, 2001), creative arts (Welsch and Kickul, 2001), designer fashion (Moore and Fairhurst, 2003) and creative industries enterprise curricula (Carey and Naudin, 2006). However, several questions remain unanswered. For example, at the fundamental level, how can enterprise development principles be applied to the commercialization of creative, artistic talent? Additionally, at the economic level, how should the sector be supported to ensure future growth and sustainability? This chapter begins with a consideration of the importance of the sector for economic growth and employment generation. This is followed by a discussion on the main barriers facing...

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