THE BENEFITS THAT CREATIVE INDUSTRIES CAN OFFER TO COUNTRIES CAUGHT IN MIDDLE INCOME TRAP

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F19%3APU135271" target="_blank" >RIV/00216305:26510/19:PU135271 - isvavai.cz</a>

Result on the web

<a href="http://dx.doi.org/10.7441/dokbat.2019.070" target="_blank" >http://dx.doi.org/10.7441/dokbat.2019.070</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.7441/dokbat.2019.070" target="_blank" >10.7441/dokbat.2019.070</a>

Result language

angličtina

Original language name

THE BENEFITS THAT CREATIVE INDUSTRIES CAN OFFER TO COUNTRIES CAUGHT IN MIDDLE INCOME TRAP

Original language description

Middle-income trap is a problem that affects a large number of countries, especially in South America, Africa and East Asia. The causes of this problem are multiple, whereas common characteristics of these countries are the lack of innovation and research & development that makes them unable to compete with the more advanced high-income countries, while at the same time increasing labour costs, which make these countries lose competitiveness against low-income countries. The scientific aim of the article is to point out the possible benefits that these countries could achieve through the incorporation and systematic promotion of Creative industries. Methodologically, the article is based on a literature review of relevant scientific articles in the field of the Middle-income trap and Creative industries. Based on this research, the underlying problems of countries caught in the Middle-income trap were identified. These main shortcomings were then contrasted with the benefits that the Creative industries could deliver. As a result, the paper is an attempt at filling the research gap by pointing out that Creative industries have the potential to significantly counterbalance the difficulties that these countries are challenged with, particularly in terms of innovation, research and development, improving employment and raising the standard of living of their citizens.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50201 - Economic Theory

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2019

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

DOKBAT 15th Annual International Bata Conference for Ph.D. Students and Young Researchers

ISBN

978-80-7454-893-2

ISSN

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e-ISSN

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Number of pages

8

Pages from-to

739-746

Publisher name

Tomas Bata University in Zlín

Place of publication

Zlín

Event location

Zlín

Event date

Nov 6, 2019

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

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