Research On The Interactive Development Between Creative Industries And Regional Economic Growth

Since the beginning of the21stcentury,the creative industry has set off anirresistible economical wave from its concept to policy making to practice exploring inthe worldwide,having great impacts on the economic development of manycountries,including Europe,America, the Asia-Pacific region,especially on the emergingeconomies. In the context of economic globalization and the rapid development ofinformation technology and the knowledge economy and service economy graduallydominating the market, the creative economy with the cultural creativity andtechnological innovation as the driving force has developed rapidly all over the world.Atpresent, as an vital portion of knowledge innovation and economic growth, the creativeindustry has become a new pillar industry of numerous developed countries and regionssuch as the United Kingdom, the United States, South Korea, Hong Kong,owing to itshigh-speed growth and increasingly vigorous far-reaching impacts.Moreover,the rapiddevelpoment trend of the creative industry has spread to China. With the activelyadvocating and related policy support of our government, our country’s creative industryis experiencing the historical period from small to large, from bud to development, fromstarting to leaping,showing a good momentum of development,along with continuousinvestment of diversified superior resources and gradual maturity of creativeindusties.Nowadays,the creative industry in China is not only assembled in Beijing,Shanghai and other economically developed international metropolis,but also furtherextended to urban centers around the country, with the formation of three creativeindustry belts,namely the Bohai Sea,the Pearl River Delta and Yangtze River Deltacreative industry belts,enjoying broad development prospects.Especially since the2008international financial crisis, with the emergence of large-scale entities economicrecession in the worldwide,the economic development model is unsustainable which isexport-oriented and investment-driven,with the appearance of many issues such ashampered industrial development,hollowing urban industries,soaring businesscosts,severe urban ecology and economic downturn. In this background,the advantagesof the creative industries highlight,which are helpful to change China’s economicdevelopment model from a manufacturing-led, export-driven extensive “outer loop "approach to a consumer and investment-led intensive “in the loop”economic development model with creativity and innovation as endogenous growth factors,thusleading China’s economy out of the trouble to a new level.In recent years, as a new growth point of national economy,the creative industry hasattracted great attention from the local governments that are taking the creative industrydevelopment plan and the development of strategic policy to promote the developmentof creative industries to boost the growth of the local economy better. But during thedevelopment process,there are many problems and inherent contradictions to besolved.Most of areas in China are still in early development stages of creativeindustries,and correlation effects and ripple effects of elements investment includingcreative ideas, creative design in other industries have not been revealed. Facing up to allkinds of problems, for example,disorders of economic achievements and culturaldevelopment,imbalances of economic growth and industrial structure,unmatched totaleconomic growth and regional economic development,regional differences in creativeindustries etc,the paper breaks through the limitation of finding the economic growthcauses from the economic phenomenon itself,analyse the regional environmental factorsafter economic development,expound the power and source of regional economicdevelopment and restructuring from the perspective of creative industries, explain themechanism of interaction between the creative industries and regional economicdevelopment,and promote coordination symbiosis between creative industries andregional economic development.In the paper,theoretical value is as follows:firstly,to develop the cross frontier researchfield between economics and urban geography and planning science,broaden theresearching horizons of creative industries and improve regional economic growththeory.Secongdly,to remodel the regional spatial evolution mechanism of creativeindustries and explore new fields, new perspectives and new ways of regional economicgrowth research.Finally,to make full use of the creative industry competitive advantagesto narrow the regional gap and promote the national economic strength and cultural softpower.Through comparing the regional differences in the development of creativeindustries of major cities in China and learning the advanced experience in theinteractive aspects of the creative industries and regional economic development fromdeveloped countries,the paper explores the creative industry development model that ismore in line with national conditions and characteristics of China’s regionaldevelopment,to givie full play to the creative industry’s advantages,reduce regionaldisparities,and effectively improve the country’s overall economic strength and cultural soft power.This paper will discuss the following7parts one by one based on the thread of creativeindustry development and the interactive correlation mechanism between it andregional economic growth. Part1, the introduction, will discuss the researchbackground, theoretical and practical significance of this paper, and then offer aliterature review about creative industry®ional economic growth, will give a briefintroduction to the main contents and research methods of this paper and then presentthe main innovations. Part2, some theories about creative industry®ionaleconomic growth, will firstly define the connotation and extension of creative industryin this paper based on the researches by other scholars at home and abroad, and thenconclude several basic theories of culture®ional economic growth to pave for thefollowing discussion, and lastly introduce some theoretical models such as theneo-classical model of regional economic growth and learn-by-doing model proposedby Arrow as typical cases which state the significance of creative industry onregional economic growth based on the analysis and conclusion of theories ofeconomic growth at home and abroad. Part3, an economic analysis of theinteractive mechanism between theories of creative industry and regional economicgrowth, will firstly uncover the relationship between creative industry and regionaleconomic growth tentatively by applying Michael Porter’s Diamond Model in theanalysis of regional economic competition strength, and then demonstrate theinteractive correlation between every levels of creative industry development andevery factors of regional environment from the perspective of two loops, those are, thefunction mechanism by which creative industry promotes regional economic growthand the mechanism by which regional environment influences creative industrydevelopment, and lastly develop an idea by setting up the theoretical model of thecorrelation: dynamic coupling model. Part4will discuss the function mechanism ofthe function coupling between creative industry and regional economy from thetheoretical level, following the two clues, those are, the function mechanism by whichthe evolution of creative industrial district refactors regional space and the mechanismby which regional space answers to the evolution of creative industrial districtaccording to some typical cases in western developed countries. Part5, a research onthe interaction between creative industry and regional economic growth in China, willfirstly draw up the general picture of creative industry development in China, andsecondly introduce some regional differences of creative industry development insome Chinese cities, and thirdly analyze the influences of China’s regional economictransition on creative industry development, and fourthly discuss the influences ofcreative industry development on China’s regional economic transition and explore the property of increasing marginal revenue in the creative industry as well as themutualistic symbiotic relationship between the property and regional economy, andlastly present an empirical research on the interactive relationship between creativeindustry development and regional economic development by focusing on Shanghai.Part6, an international comparison and experience reference of the dynamic couplingbetween creative industry and regional economic growth, will draw some experiencefrom the success of creative industry development in some counties with a maturecreative industry such as USA, UK and Japan, and then conclude the experience fromcountries with a developed creative industry and use it for reference, following the twoclues, those are, the refactor function of the evolution of creative industrial district onregional space and the regional space’s answers to the evolution of creative industrialdistrict. Part7, a series of suggestions to realize the interaction between creativeindustry development and regional economic growth, will explore the path to realizethe sustainable development of the creative industry and the strategy in terms ofcreative industry to promote the sustainable development of regional economy byusing the experience of some developed countries for reference and taking the practicalsituation of China into consideration based on the interaction and correlation betweenthe sustainable development of creative industry and regional economy.There are four main innovation points in this paper. Firstly, it will attach equalimportance to both the history of creative thoughts and the history of creative industryreform, and will set the orientation for the creative industry reform. Secondly, it willcreate the creative-industry-dominant Diamond Model of regional competitivenesswith some substituted and modified factors by putting the Diamond Model proposedby Michael Porter, which is used to uncover the competition strength of a country, inthe regional scope from the perspective of regional space. Thirdly, it will use coupling,a physics term, to study the interactive relationship between the development ofcreative industry and regional economy. It will set up the dynamic coupling modelbetween creative industry and the development of other industries, and on this basis, itwill establish the evaluation index system as well as the causality model of theinteractive relationship between the development of creative industry and regionaleconomy and uncover the periodic changes rule presented by the dynamic couplingmodel between the development of creative industry and regional economy. Fourthly,it will divide the traditional analysis paradigms about the interaction of creativeindustry and regional economy into two parts: the paradigm of function and theparadigm of answer based on the systematic summary of regarding theoreticalresearches and practice experience at home and abroad as well as study and explore thecreative industry policy, the strategy of creative cities and the issue of regional space refactor as a whole, which firmly possesses the subject’s margin and theoreticalinnovation comparatively.