The Impact of Covid-19 on the Global Creative Economy

Gouvea, Raul; Padovani, Fernando; Gutierrez, Margarida

doi:10.4236/me.2023.144023

Cited by 2 publications

(1 citation statement)

References 19 publications

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“…In the first year of the pandemicrelated crisis, over 10 million people lost their jobs and $750 billion was wiped out, which was higher than the GDP of countries outside the G-20 (Naylor, Todd, Moretto, and Traverso, 2021). However, the crisis had varying implications for different industry segments (Gnezdova, Osipov, and Hriptulov, 2022;Gouvea, Padovani, and Gutierrez, 2023;Khlystova, Kalyuzhnova, and Belitski, 2022). Sectors such as cinema, theatre, and music have suffered substantial losses due to the suspension of community activities (Haapakorpi, Leinonen, and Otonkorpi-Lehtoranta, 2022;Zhang, Ji, Pang, and Suo, 2022).…”

Section: Introductionmentioning

confidence: 99%

Ki̇tapçidaki̇ Vi̇rüs: Pandemi̇ İstanbul'un Yayincilik Sektörünü Nasil Etki̇ledi̇?

SAYIN

2024

TESAM Akademi Dergisi

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Based on semi-structured interviews conducted within the publishing sector, this qualitative case study research examines the impact of the global pandemic on Istanbul's publishing industry. The research spanned seven months and involved thirteen interviews. The aim was to gain an understanding of the industry's response to the pandemic. In a nutshell, the pandemic can be seen as accelerating the digitalisation and monopolisation processes already taking place in the industry. Nevertheless, stakeholders have affected in different ways, depending on their financial and technological capabilities and their main areas of business. For instance, during closures, publishers experienced an increase in demand for digital and printed books, while bookshops lost almost all sources of income. Similarly, publishing cartels with their own printing, distribution and sales channels and online booksellers many of whom operate in conjunction with these publishing conglomerates were able to gain significant advantages over small publishers seriously affected by the closures.

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Section: Introductionmentioning

confidence: 99%

Ki̇tapçidaki̇ Vi̇rüs: Pandemi̇ İstanbul'un Yayincilik Sektörünü Nasil Etki̇ledi̇?

SAYIN

2024

TESAM Akademi Dergisi

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Exploring the economy of creativity and culture in the light of Industry 5.0: a systematic literature review of the setup of creative industries

Sneha,

Kavitha

2024

JSMA

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PurposeThis study aims at stirring up the existing research conducted in the field of creative economy (CE) and also in the context of Industry 5.0. CE encompasses all the creative industries/businesses which form a major part of the knowledge-based economy. The functionalities of these setups, their global trends and developments are to be assessed for a better understanding of its present circumstances and its prospective opportunities by augmenting Industry 5.0 and its core principles. This provides a comprehensive illustration to enhance the economic, social, creative and sustainable performances of the creative industry. In addition, the study also seeks to identify the dynamics of creative units and how it could highly contribute to the glorification of the creative and cultural history in the Indian economic backdrop.Design/methodology/approachThe study adopts a systematic literature review process to fulfill the research objective. Four critical databases in Scopus such as Emerald Insight, Springer Link, Sage Publications and Taylor and Francis have been chosen for the review process. Following the critical literature review process, the chosen articles from each database have been retrieved for an exhaustive analysis within a time frame of 2013–2023 to evaluate the research evolution on the subject area.FindingsThe paper identified various research dimensions and perspectives of the researchers in the area of study. This gives a platform to extensively evaluate the capabilities and functionalities of the sector for strategy building and enhancing returns from the sector.Research limitations/implicationsAs the methodology was restricted to top 5 articles from 5 important databases, the study was limited to only those articles and the other open-access peer-reviewed articles/journals/databases have not been considered which is a major limitation. Alongside, as the time frame was restricted for a period of 10 years and only English language papers were chosen, prior study has not been considered, which is also a key limitation to the study.Practical implicationsPolicymakers, i.e. government and institutions, can understand the existence and contribution of the CE in different geographical regions for a specified period of time. This helps them understand the new revolution, Industry 5.0, and how they could merge their concepts to bring innovations in the sector and support in building sustainable cities in the emerging economies.Originality/valueAs the paper works on bringing out the viewpoints of multiple authors and research works, it is considered to be a novel study as none of the previous studies, especially systematic literature review works, have been done only in high-quality journals of Scopus database. Therefore, the study holds high-quality information which can be significantly used by creative business units.

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The Impact of Covid-19 on the Global Creative Economy

Cited by 2 publications

References 19 publications

Ki̇tapçidaki̇ Vi̇rüs: Pandemi̇ İstanbul'un Yayincilik Sektörünü Nasil Etki̇ledi̇?

Ki̇tapçidaki̇ Vi̇rüs: Pandemi̇ İstanbul'un Yayincilik Sektörünü Nasil Etki̇ledi̇?

Exploring the economy of creativity and culture in the light of Industry 5.0: a systematic literature review of the setup of creative industries

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