Contribution To The Economy
In 2007, the UK's creative sector was growing twice as fast as the rest of the economy and generally considered to be equally important to the financial sector, which, at the time, was the driving force of the UK's gross domestic product.
Now, as then, the majority of people working in the creative industries tend to be self-employed – either freelance or running their own business. These people have the potential to be a key driver of the creative economy, but few see themselves as ‘creative entrepreneurs’.
Figures show that only a handful of self-employed creatives in the UK have gone on to start a company or employ other people - the US, by contrast, has a relatively high number of business start-ups. (Howkins, 2001)
As Howkins and others (Caves, 2000; Davies, 2007) observe, there has generally been a lack of support for creative entrepreneurship in the UK.
Read more about this topic: Creative Entrepreneurship
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