Mapping of Nordic creative and cultural industries : financial environment / / Heikki Masalin

• Record Nr.: UNINA9910137225603321
• Autore: Masalin Heikki
• Pubbl/distr/stampa: Copenhagen : , : Nordic Counil of Ministers, , [2015]; ©2015
• ISBN: 92-893-4254-4; 92-893-4253-6
• Descrizione fisica: 1 online resource (65 pages) : colour illustrations
• Collana: Open Access e-Books; Knowledge Unlatched; TemaNord, , 0908-6692 ; ; 2015:553
• Disciplina: 306.30948
• Soggetti: Industries - Scandinavia; Finance - Scandinavia
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Nota di bibliografia: Includes bibliographical references (page [61])
• Nota di contenuto: Foreword -- Executive Summary -- 1. Introduction -- 2. Project overview -- 3. Creative economy financial environment -- 4. More on creative economy -- 5. Evaluation and Assessment of Creative Economy Concepts and Processes -- 6. Nordic creative and cultural industries financing -- 7. European approach -- Conclusions -- Recommendations -- Literature and references.
• Sommario/riassunto: The creative and cultural industries (CCIs) have recently been debated widely, and access to finance has been at the forefront. This KreaNord report, created in 2012, maps the Nordic CCIs’ financial environment, and shows that the environment is facilitating the same access to corporate finance for CCIs as for other sectors. However, the supply of project finance requested by CCIs, is rare/non-existing, and mostly provided as debt. This report concludes the findings as market failure in supply of debt instruments for CCIs, and recommends a development process be initiated. Republished in 2015 following the end of KreaNord, the Nordic Council of Ministers’ initiative on cultural and creative industries (2008–2015).