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Stuart Cunningham, Mark David Ryan, Michael Keane and Diego Ordonez
<ul><li>Potential of: </li></ul><ul><ul><li>New wealth creation; cultivation of local talent; creation of creative capital...
<ul><li>Barriers to Financing Creative Industries  </li></ul><ul><li>Developing countries typically have a pressing need t...
<ul><li>China </li></ul><ul><li>Latin America </li></ul><ul><li>Unmanageable regulatory system </li></ul><ul><ul><li>Many ...
<ul><li>China </li></ul><ul><li>Latin America </li></ul>Barrier Film TV Audio-Visual Publishing Performing Arts Start-up c...
<ul><li>Indigenous Australia </li></ul><ul><li>A developed country with many correlations of a developing country </li></u...
<ul><li>China </li></ul><ul><li>Latin America </li></ul><ul><li>All China Sports Federation </li></ul><ul><ul><li>For deve...
<ul><li>1. Out of the 3 countries, who’s creative industries do you feel impacts the US & the rest of the world most? </li...
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K Martins Presentation 1

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These are the slides from Kelley's presentation on the "Financing Creative Industries in Developing Countries" reading.

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Transcript of "K Martins Presentation 1"

  1. 1. Stuart Cunningham, Mark David Ryan, Michael Keane and Diego Ordonez
  2. 2. <ul><li>Potential of: </li></ul><ul><ul><li>New wealth creation; cultivation of local talent; creation of creative capital; new export markets </li></ul></ul><ul><li>Acts as a multiplier of effects throughout the broader and global economy </li></ul>
  3. 3. <ul><li>Barriers to Financing Creative Industries </li></ul><ul><li>Developing countries typically have a pressing need to give any financial aid to education, poverty & infrastructure before it is given to creative industries </li></ul><ul><li>Weak institutional & political support </li></ul><ul><li>Low levels of entrepreneurial capability </li></ul><ul><li>Dependency on foreign firms & investment </li></ul><ul><li>Inefficient or non-existent copyright regimes </li></ul>
  4. 4. <ul><li>China </li></ul><ul><li>Latin America </li></ul><ul><li>Unmanageable regulatory system </li></ul><ul><ul><li>Many licenses are needed in order to operate </li></ul></ul><ul><li>Bureaucratization works against implementation of long-term business models </li></ul><ul><li>Dependency on relationship maintenance </li></ul><ul><li>High Copyright & Rights management costs for Start-ups </li></ul><ul><li>Lack of naturally skilled local talent </li></ul><ul><li>Dominance of the music ‘majors’ </li></ul><ul><ul><li>EMI, BMG, Warner Music Group, Sony Music Entertainment, Universal/PolyGram </li></ul></ul><ul><li>Talent is “poached” </li></ul><ul><li>Over-emphasis on regulatory & tax incentives for firms </li></ul>
  5. 5. <ul><li>China </li></ul><ul><li>Latin America </li></ul>Barrier Film TV Audio-Visual Publishing Performing Arts Start-up capital x x Working capital x x x x Lack of bus. expansion capital x x x Distribution barriers x x x Intellectual property regime x x x x Piracy x Institutional support framework x x Barriers Music Film Start-up capital x Working capital x x Lack of bus. expansion capital x x Distribution barriers x x Piracy x x Institutional support framework x x
  6. 6. <ul><li>Indigenous Australia </li></ul><ul><li>A developed country with many correlations of a developing country </li></ul><ul><li>Quality & unique creative industries is contingent upon having a large consumer market available </li></ul><ul><ul><li>Test and feedback </li></ul></ul><ul><li>Creative Industries is the least recognized innovative sector in Australia </li></ul>
  7. 7. <ul><li>China </li></ul><ul><li>Latin America </li></ul><ul><li>All China Sports Federation </li></ul><ul><ul><li>For development of e-sports </li></ul></ul><ul><ul><li>National investment in video games </li></ul></ul><ul><li>Established live music practice </li></ul><ul><li>Local & national broadcasting system </li></ul><ul><li>Domestic recording industry </li></ul><ul><li>Access to international markets </li></ul><ul><li>Visual Arts </li></ul><ul><ul><li>One of Australia’s most significant exports ever </li></ul></ul>Indigenous Australia
  8. 8. <ul><li>1. Out of the 3 countries, who’s creative industries do you feel impacts the US & the rest of the world most? </li></ul><ul><li>2. Which makes least impact globally? </li></ul><ul><li>3. Which barrier do you feel is universal around the world? Why? </li></ul>
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