Factors Which Influence the Growth of Creative Industries:
With the
more and more important roles of creative economy, its research has become one
of the major fields in economic development. The creative economy has the
potential to generate income and jobs while promoting social inclusion,
cultural diversity and human development. As a developing country, China is
also in need of developing the creative economy to adjust the economic
structure and realize the sustainable development. In this paper, we examined
the factors which influence the growth of creative industries in China through
the cross-section analysis of 23 regional data in 2007. Four main factors were
examined in this multi-regression model, that is, GDP per capita, the number of
higher education institutions, the number of students enrolled in higher
education institution and the number of patents.
The
statistical analysis found that the model's fit is quite good and 69% of
dependent variable (the ratio of value-added of creative industries to the GDP)
is explained by the model. Specifically, there are three sub-conclusions.
Firstly, there
is not a positive relationship between GDP per capita and dependent variable;
on the contrary, there is a weak negative relationship in this model. We infer
that it is because of the stage of economic development. China heavily depends
on the development of the second industry in the process of industrializing.
Secondly, there is no linear relationship, in this
model, between the number of higher education institutions and the dependent
variable. We infer that it is mainly due to the differences between the
higher education institutions, such as scales and qualities, etc.
Thirdly, there is enough evidence to conclude that
the number of students enrolled in higher education institution and the
dependent variable are linearly related; the number of patents and the
ratio of creative industries are linearly related, as well. They represent the
important roles of talents and technology in the development of creative
industries.
No comments:
Post a Comment