Creative enterprises, those engaged in the commercial exploitation of intellectual property-based goods and services imbued with symbolic meaning (i.e., books, film, music), contribute significantly to the economic, social and cultural development of nations. These enterprises form complex networks in content-driven sectors, which in turn make up the creative industries. Their unique characteristics (i.e., original symbolic products) drive and sustain diverse cultural and customary traditions, and enhance social values. At the same time, they generate wealth, increase employment opportunities, and promote trade. Yet, their true value and potential are often underestimated and insufficiently analyzed.
The phrase creative industries (or sometimes creative economy) refers to a set of interlocking industry sectors that focus on creating unique property, content or design that previously did not exist. Economic contributions from creative industries have been increasing, particularly as manufacturing industries have become increasingly automated and process-driven. The economic contributions are often cited as being a growing part of the global economy.
Some of the key activities of the Creative Industries include:
Organize, coordinate and perform activities related to conceptualizing the creative industries, with emphasis on the importance of intellectual property rights;
In cooperation with national authorities and professional bodies, work towards the identification of the potential of the creative industries through the mapping of the creative sectors, and assess the needs and working practices in these sectors; develop projects to facilitate the optimal use of the intellectual property system in the creative industries.