Creative industries as a factor in the development of transition economies

In recent years the need to examine the opportunities and prospects of the creative industries in countries with transition economies has grown substantially. The main reason for this is the shortage of these countries' economic models, which has had consequences such as a decline in these countries' economic indicators compared with the indicators of developed countries and a decline in the rate of economic development. Given that in an era of scientific and technological transformation we are witnessing digitalization and an increase in the role of intellectual property, economic models must move toward creative models, in such a way that they include the production and dissemination of knowledge and information.

The creative industries, which are the producing sector in the creative economy, produce goods and services using creativity and intellectual capital as primary inputs and for this reason create a sustainable model. The creative industries create favorable conditions for economic growth and for diversifying it; for example, the creative economy helps the growth of single-industry cities and rural settlements, causes the growth of small and medium-sized businesses, and is a fundamental factor in the economy of countries in economic transition.