THE CREATIVE ECONOMY

THE CREATIVE ECONOMY 

What skills do you need to go into self employment?

organisation

communication

management

ambition 

time management

commitment

tough skinned

can deal with risks

mentality to deal with money income and loss

problem solvers

CREATIVE INDUSTRY

 

1 originators - people who create one off items, fine art - Damien hurst, creating museums, galleries etc

2 experience creators - theatre, gigs, galleries, shopping, festivals < experience inspiration

3 content producers - film, - (money) music, you don't have to physically go to a place once you make the music you release it and it makes it's own money so the content of the item works for you < the end product 

THE FASHION WORLD 

Innovation and growth 

Creative industries - based on creativity, talent, individuality, ideas and innovation 

£71.4 billion to the uk economy 

£26 bn is fashion related 

£8 bn a hour

15.6% since 2008 

5.6% of those employed in the uk (1.6 million jobs)

Some extra facts..

Creative industries employment increased by 8.6% between 2011 and 2012, compared to 0.7% for all of UK economy.

Between 2009 and 2011 exports from the creative industries increased by 16.1%. This compares with an increase of 11.5% for total service exports.

A fashion house is small employer with a licence agreement.

THE STATS 

£26 billion upto £21 billion in 2009

Showing an increase of 22% in nominal terms 

The uk fashion industry supports 797,000 jobs 

This is. Decrease of 2.3% from 2009 

Employees wage income is estimate to have risen to over £46 billion

An increase of 23% since 2009  (free labour via internship) 

LITTLE AND LARGE 

84% of creative businesses have less than 10 people

2% more than 100 people

60% of design businesses less than 5 people 

GOING IT ALONE 

High rate of self employment 

34% are self employed 

More than half of film, TV, radio and creative arts and entertainment services and industries are self employed 

IT STARTS WHEN YOU GRADUATE 

48% portfolio work 

23% self employment / freelance 

18% running own business 

44% want to have own business