What is the direct economic impact of creative industries?
The creative and cultural industries are increasingly recognised as not only being a “defining feature of the British national identity” and vital component of our quality of life, but also as vital to the health of the UK economy. It is a sector that has experienced rapid growth throughout the world in the last decade. For instance, world exports of visual arts more than doubled from $10.3 billion in 1996 to $22.1 billion in 2005. Exports of audiovisuals tripled over the same period.
