Seminar: Creative Industries

KEY POINTS

• We are part of the tertiary sector of the economy - the service industry. This contains the 'intangible', people who do things for other people e.g. entertainment, restaurants. 
• The creative industries : 'a set of service enterprises that engage in economic activities originating in individual skill, creativity and talent, and which furthermore have the potential for wealth and job creation' 
• 69% of design businesses are based outside of London.
• 59% of design companies employ fewer than 5 people - lots of small companies working together. 
• 3 main types of companies working within the creative industries:
• Design studios/Consultancies/Agencies
• In house creative 
• Freelance practitioner
• In house - 
• Its like a regular job: fixed wage, holidays ect. - stability. 
• Freelance - 
• Greater risk, running your own business, you can get ripped off. 
• BUT, it can have greater pay offs if you are successful. 
• Plus there are people to protect you e.g. AOI - Association of Illustrators.