The factors of creative industries development in nowadays stage

Abstract

Purpose. Th is paper analyzes factors most infl uencing development of creative industries (CI) in Lithuania in the context of the importance of this sector for the whole economy, using factors analysis and developing integrated CI factors assessment model. Methodology. Th e theory of creative industries does not have a systemic approach to the creative industries’ description. Th ere is a lack of consolidated methodology on creative industries’ impact assessment on the economy. Research factors were analyzed using methods of qualitative comparative analysis, which was made by Tosmana software. Method lets to indicate factors’ infl uence on creative industries development and give recommendations about priority to strengthen factors with high and medium infl uence in order to use all the economic and social opportunities for creative industries sector development. Findings. Th e factors analysis results show, that the high weight factors are: i) private expenditures for culture and ii) creativity index. Th ese factors have a strong correlation coeffi cient also. Th e increasing these factors in Lithuania and Estonia are long-run objectives because of linkage to an educational system. Factors with medium infl uence are: government expenditures for culture, number of patents, and employment rate in R&D and tolerance index. Low weight infl uence factors are: employment in Creative Industries (CI), export of CI sector’s production, government expenditures for R&D and inhabitants with high education. A factor with no infl uence on economy growth is participation in cultural activities. [...]