The Creative Economy is the antidote to Wall Street woes.
According to recent reports from the UNCTAD, the Creative Economy is undergoing unprecedented growth compared with traditional services and manufacturing.
The Conference Board of Canada’s Report Card on Canada: Underperforming in Most Subjects
We score a D in Innovation, a paradox, given we have a thriving creative economy:
The Conference Board estimates that the culture sector generated about $46 billion in real value-added GDP in 2007, which constituted 3.8 per cent of Canada’s real GDP. However, when considering the effect of culture industries on other sectors of the economy—accounting for indirect and induced effects—the overall impact was much larger. According to our estimates, the economic footprint of the culture sector was valued at about $84.6 billion in 2007, or 7.4 per cent of total real GDP.
This presents an excellent argument to apply arts-based principles and practices to business and science. Continued
See also US Financial Crisis Creates Artistic Opportunity for Global Transformation by Lisa Canning
Crisis Equals Opportunity
Jason Zweig of the Wall Street Journal says “U.S. nonfinancial companies have just under $1 trillion in cash on their books. Even though Wall Street is dead, innovation is not: In the months to come, clever new financial go-betweens will spring up and find a way to get that cash flowing again. It’s hard to see how a depression could get under way when so much capital is waiting in the wings.”
Examples include Virgin Money.
Integral City: Evolutionary Intelligences for the Human Hive
Join us for an engaging and interactive evening
at the University Women’s Club, Vancouver BC
Nov. 5, 2008
My friend and colleague Marilyn Hamilton has written an important soon-to-be-published new book. Integral City offers us a brilliant and revolutionary new way to examine our cities through the lens of science, ecology and systems theory, to create a new vision of what a city could be — one that supports life on this planet as well as our own evolution as human beings.
Happy Creating,
Linda Naiman
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Linda Naiman is co-author of Orchestrating Collaboration at Work,
Our focus is on developing business creativity, collaborative leadership and innovation through arts-based training, coaching and research-based consulting. • Skills Training for leaders, managers and staff • Coaching innovation champions and teams • Culture Change initiatives • Strategic Planning • Meeting Facilitation.
About The Creativity at Work Newsletter
The Creativity at Work Newsletter provides overviews of new research in creativity and innovation, ‘best practices’ of leading organizations, links to new or relevant websites and an array ideas and techniques from innovation experts. Please forward this newsletter to friends and colleagues.
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