This is not to downplay the many other benefits that a vibrant arts sector and growing creative sector brings to the economy.
As well as generating income, job creation and export earnings, a robust creative sector stimulates a community’s social capital by:
- promoting social inclusion, cultural diversity and human development
- attracting inward investment
- enhancing educational outcomes
- stimulating the development of technology, intellectual property and tourism.
Read more about the business side of the creative sector, specifically the performing arts, in AMPAG’s 2014 edition of,Fast facts—economics.