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, “ ”, ISSUE PAPER

2013-01 , , 2013.

British Council, Mapping The Creative Industries, London, UK., 2010

Caves, R, Creative Industries: Contracts between Art and Commerce, Harvard Univ. Press Description and preview, 2000.

Clement. “Creative Economy and ICT”. Asia-Pacific Regional Forum on ICT Applications. UNESCO, 2011.

Denning, S., “Is The US In A Phase Change To The Creative Economy?”, Forbes.

2012. 1. 31.

http://www.forbes.com/sites/stevedenning/2012/01/31/is-the-us-in-a-phase -change-to-the-creative-economy/

DCMS, Creative Industries Statistical Estimates Statistical Bulletin, London,

UK, 2006

Florida, R., The Rise of the Creative Class, New York, 2002.

Howkins, J., The Creative Economy: How People Make Money from Ideas, 2001.

Higgs, P., Cunningham, S., and Bakhshi, H., Beyond the creative industries:

Mapping the creative economy in the UK, NESTA, 2008.

Stiglitz, J. E., The Book of Jobs, Vanty Fair. 2012. 1. 20.

http://www.vanityfair.com/politics/2012/01/stiglitz-depression-201201 UNESCO, Understanding Creative Industries Cultural statistics for public-policy

making. 2009

UNDP & UNCTAD, Creative Economy Report 2010.

UNCTAD, Creative Economy Report 2008

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:

Expected Role of ICT for Creative Economy

Kim, Kook-Jin^*1)

Paradigm of Global economy is changing to creative economy. This study focuses on the role of creative economy to clarify (understand clearly) the impact (influence) which transition of economy system will bring about.

The creative economy is basically came from New economy theory. According to the New economy theory, a state can achieve sustainable growth without an inflation, or higher growth rate under given inflation rate, through an investment on ICT.

However, different from America, Korea had limited effect of New Economy.

This is because Korean economy had factor-input driven growth model rather than New Economy mechanism. However, ICT is essential requirement to move toward New Economy(Digital Economy), it does not sufficiently explain the increase of productivity and economic growth. A crucial point to realize New economy is how to diffuse and spill over the technology development on ICT sector to other industry. ICT is not creative industry or creative economy per se, and it should play as an enabler to improve other industry’s productivity.

The creative economy can be understood as an extension of New Economy theory. It means the economy that creates values by cultural assets and human resource, as well as capital and labor factors. However, if we understand the meaning of creative economy as change of input factors, it is hard to bring real shape of creative economy.

* President, Media & Future Institute