12/10/2012

Creativity, Innovation and The Economy, 12/2012

1.) Otis Report on the Creative Economy of the LA region, 2012: Click here to read report: "This is the first study to capture the monumental economic force of the creative industries in Southern California."        

2.) The 2012 State New Economy Index from The Information Technology and Innovation Foundation: Click here to read report: "More than three years on from the end of the Great Recession, only six states have regained employment levels enjoyed prior to the recession, and 17 states are still more than 5 percent below their pre-recession employment levels. As many state economies continue to struggle through the lingering effects of the Great Recession, a question commonly asked is, What is this seemingly invisible force that prevents the economy from returning to pre-recession and especially 1990s growth rates? In other words, why is it that, despite massive monetary and fiscal stimulus, employment seems locked in a persistent malaise? Some argue that the problem is a lack of consumer demand and that more federal government stimulus spending is the answer. Others argue that it is uncertainty over the massive national debt and that fiscal austerity is the answer. However, one diagnosis that has gone largely unnoticed holds that this invisible force is the decline in the competitiveness of the U.S. economy in the global marketplace."

3.) Arts and Economic Prosperity, IV: Click here to read: "Every day, more than 100,000 nonprofit arts and culture organizations act as economic drivers—creating an industry that supports jobs, generates government revenue, and is the cornerstone of our tourism industry. This study documents the key role played by the nonprofit arts and culture industry, and their audiences, in strengthening our nation’s economy."  

4.) "The Best Way to Grow the Economy? Creativity" by John M. Eger. Click here to read article. "ArtsSmarts, a non-profit helping schools across Canada use the tools of arts integration, met in Calgary recently to explore the larger issue of the role of the whole community in fostering creativity. Entitled "Cultivating Creative Communities: Arts, Education and Spaces for Successful 21st Century Learning," educators, artists, art and cultural organizations and public policy makers looked closely at how "arts-in-education programs served as catalysts for reimagining spaces" that cultivate creativity and innovation, and -- whether intended on not -- policies that inhibit the new thinking necessary to reinventing a nation..."

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