Book contents
- Frontmatter
- Contents
- Figures
- Tables
- Contributors
- Preface
- 1 Thematic Overview: Charting the Evolution of Knowledge Flows
- Part I Conceptual Framework
- Part II Measuring Trade in Knowledge
- Part III Impact of Knowledge Flows on Trade and Development
- Part IV Policy, Regulatory and Legislative Frameworks
- Part V Looking Forward
- Index
18 - The Digital Creative Economy and Blockchains: Options and Prospects for the Developing World
from Part III - Impact of Knowledge Flows on Trade and Development
Published online by Cambridge University Press: 17 February 2022
- Frontmatter
- Contents
- Figures
- Tables
- Contributors
- Preface
- 1 Thematic Overview: Charting the Evolution of Knowledge Flows
- Part I Conceptual Framework
- Part II Measuring Trade in Knowledge
- Part III Impact of Knowledge Flows on Trade and Development
- Part IV Policy, Regulatory and Legislative Frameworks
- Part V Looking Forward
- Index
Summary
The creative sector has emerged as a critical driver of digital trade and generates significant opportunities for economic diversification and competitiveness in developed and developing economies. The expansion of the digital creative economy creates not just new and alternative business models, it also generates new markets, which make creative industries a critical resource for economic development. This chapter assesses the challenges and opportunities for creative industries in developing countries, especially as it relates to making the transition to a digital creative economy and to the adoption of blockchain technologies which have the potential to address structural challenges such as big data management, financial inclusion and integration into global value chains.
- Type
- Chapter
- Information
- Trade in KnowledgeIntellectual Property, Trade and Development in a Transformed Global Economy, pp. 531 - 552Publisher: Cambridge University PressPrint publication year: 2022