Do developing economies require creative industries? Some old theory about new China.

Potts, Jason D. (2009) Do developing economies require creative industries? Some old theory about new China. Chinese Journal of Communication, 2(1), pp. 92-108.

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This paper argues that media and communications theory, as with cultural and creative industries analysis, can benefit from a deeper understanding of economic growth theory. Economic growth theory is elucidated in the context of both cultural and media studies and with respect to modern Chinese economic development. Economic growth is a complex evolutionary process that is tightly integrated with socio-cultural and political processes. This paper seeks to explore this mechanism and to advance cultural theory from an erstwhile political economy perspective to one centred about the co-evolutionary dynamics of economic and socio-political systems. A generic model is presented in which economic and social systems co-evolve through the origination, adoption and retention of new ideas, and in which the creative industries are a key part of this process. The paper concludes that digital media capabilities are a primary source of economic development.

Impact and interest:

3 citations in Web of Science®
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ID Code: 29909
Item Type: Journal Article
Refereed: Yes
Keywords: economic growth and development, creative industries, China , innovation, digital literacy
DOI: 10.1080/17544750802639184
ISSN: 1754-4750
Subjects: Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200) > Economic Development and Growth (140202)
Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > OTHER ECONOMICS (149900) > Heterodox Economics (149903)
Divisions: Past > Research Centres > ARC Centre of Excellence for Creative Industries and Innovation
Current > QUT Faculties and Divisions > Creative Industries Faculty
Copyright Owner: Copyright 2009 Routledge/Taylor & Francis
Deposited On: 22 Jan 2010 00:02
Last Modified: 29 Feb 2012 14:05

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