Benchmarking Romania’s Creative Competitiveness
|Title:||Benchmarking Romania’s Creative Competitiveness|
Vol. 6, No 1, 2013
Published date: 20-05-2013 (print) / 20-05-2013 (online)
Journal of International Studies
ISSN: 2071-8330, eISSN: 2306-3483
|Keywords:||creative industries, economic impact, creative capacity, creative competitiveness, Romania|
An extensive academic debate on the role of creative industries in economic development is manifestly emerging. Our paper aims at carving out the distinctive economic dynamics that these industries are generating by investigating and assessing their economic impact and further determining the extent of their contribution to stimulating national competitiveness. Based on an empirical study in Romania, we explore the primary and secondary impacts of the creative industries; we propose a composite index for measuring creative capabilities and assess their effect on the creative competitiveness of the Romanian economy. By making an initial attempt at coherent tabulations, our paper produces some estimates of the creative industries contribution to the economy and allows for discerning the relative competitiveness of the Romanian creative capabilities through benchmarking with the European countries. Our results reveal the disparities among the European countries and provide evidence on the catching-up potential of the Romanian creative industries.