Fonseca: Journal of Communication (Dec 2016)

The cultural and creative industry potential index

  • Antonio CASTRO-HIGUERAS,
  • Miguel DE AGUILERA MOYANO

DOI
https://doi.org/10.14201/fjc201613129146
Journal volume & issue
Vol. 13, no. 13
pp. 129 – 146

Abstract

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The cultural and creative industries are regarded as a strategic sector in today’s knowledge economy and are therefore encouraged by government policies. The link between culture, creativity and economic development has flourished in Spain in recent years, to the extent that by 2014 the sector accounted for 3.5% of the country’s GDP and 3% of all jobs. Such an important sector requires a diagnostic tool to support decision making. A number of indicator systems have been put forward to meet this need, all of which are designed to evaluate creativity in a given field. This article examines and reviews the various indicators that have been proposed and uses them to develop a composite indicator – the Cultural and Creative Industry Potential Index – which measures the sector’s potential from three angles: the cultural base, government policies, and the cultural and creative industries themselves.

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