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Mapping of Nordic Creative and Cultural Industries

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...

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Bibliographic Details
Main Author: Masalin, Heikki (auth)
Format: Electronic Book Chapter
Language:English
Published: Nordic Council of Ministers 2015
Series:TemaNord
Subjects:
Industry & industrial studies
economy
media
music
business
creative industries
computer games
justice
art and culture
european union
film and tv
Angel investor
Entrepreneurship
Financial institution
Nordic countries
Research and development
Sweden
Venture capital
Online Access:OAPEN Library: download the publication
OAPEN Library: description of the publication
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Summary: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).
Physical Description:1 electronic resource (65 p.)
ISBN:TN2015-553
Access:Open Access

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