Digitalization of Cultural and Creative Industries and Its Economic and Social Impact

Bibliographic Data

ID23212926
AuthorsMarek Prokůpek (0000-0003-4564-8962, Prague University of Economics and Business, corresponding author)
Year2019
Pages117-140
Publication date2019-12-27
Peer ReviewedYes
Open AccessNo
TypeCHAPTER
VenueExamining Cultural Perspectives in a Globalized World (SOURCE_BOOK)
PublisherIGI Global (PUBLISHER • US)
DOI10.4018/978-1-7998-0214-3.ch006
OpenAlexW3007586087
ISBN9781799802143
LanguageEN
Citations received3
References cited11

Digitalization has become a buzzword in all aspects of our lives. Therefore, it has significantly impacted the sector of cultural and creative industries, and it has had huge economic and social impacts. Cultural and creative industries are some of the fastest growing industries and represent a significant contribution to the economy, the creation of jobs, and quality of life. With the massive wave of digitalization, institutions within creative industries have faced new challenges of how to respond to this shifting environment while staying true to their mission and values. If they want to thrive, they need to adjust their business models to the technological, political, and economic changes. The aim of this chapter is to provide an understanding of the digitalization in the sector and the social and economic impacts of digital transformation on cultural and creative industries as well as change the way cultural products are distributed and consumed.

Business · Creative industries · Economic growth · Economic system · Economics · Political science · Politics · Quality (philosophy) · Social change · Copyright and Intellectual Property · Cultural Industries and Urban Development · Digital Platforms and Economics