hastings ppt for creative economy october 2010
TRANSCRIPT
• An economy in which people are paid to think:
using ideas, innovation, knowledge and
collaboration
• An economy in which the nature of work
moves from
routine oriented jobs to creativity oriented
jobs
• An economy based on human intelligence,
knowledge and collaborative skills.
• Creative Economy Crosses all Sectors
• Ideal for Small Business & Entrepreneurship
• Low Barriers to Entry
• High Growth Trends
• Appeals to many communities - not niche
The Creative Economy is about double
digit growth in industries with the highest
incomes and the lowest unemployment
even during recessionary times.
• In Ontario the creative economy pays almost twice
as much as the next wage category
• It employs 35% of the work force but pays 51% of the
wages
• Eastern Ontario is in the heart of the
Mega Region that is the 12th largest in the
world,
5th in North America
• It represents 50% of Canada’s GDP.
• Proximity to major markets and
creative economy drivers
• Quality of life to attract people and investment
• Opportunities to strengthen economic ties
from the small urban and rural corridor
to the large urban outposts.