The Impact of Creative Industries on Economic Growth: Case Studies in Developing Countries in Malaysia and Indonesia

West Science Journal Economic and Entrepreneurship Pub Date : 2023-10-31 DOI:10.58812/wsjee.v1i10.295

Muhammad Syafri, Mochammad Syafiuddin Shobirin, Dhiana Ekowati, Nuril Maghfirah

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Abstract

This research presents a comprehensive examination of the impact of the creative industry on economic growth in the developing nations of Malaysia and Indonesia. Utilizing a mixed-methods approach, combining quantitative analyses and qualitative insights, the study explores the intricate relationships between creative industry performance, government policies, and cultural dynamics. Quantitative results reveal a statistically significant positive correlation between the creative industry and economic growth in both countries, with variations observed in export earnings and innovation. Government policies were found to significantly influence the creative sector's contribution to GDP. Qualitative findings underscore the pivotal role of cultural dynamics in shaping creative outputs and highlight challenges and opportunities within the industry. The synthesis of these results offers valuable insights for policymakers, economists, and stakeholders seeking to harness the economic potential of the creative industry for sustainable development in diverse socio-cultural contexts.

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创意产业对经济增长的影响:以马来西亚和印度尼西亚等发展中国家为例

本研究全面考察了马来西亚和印度尼西亚等发展中国家创意产业对经济增长的影响。该研究采用混合方法，结合定量分析和定性分析，探讨了创意产业绩效、政府政策和文化动态之间的复杂关系。定量结果显示，两国的创意产业与经济增长之间存在统计学上显著的正相关关系，在出口收入和创新方面存在差异。研究发现，政府政策对创意部门对国内生产总值的贡献有重大影响。定性研究结果强调了文化动态在塑造创意产出中的关键作用，并强调了行业内的挑战和机遇。这些结果的综合为政策制定者、经济学家和利益相关者在不同社会文化背景下寻求利用创意产业的经济潜力实现可持续发展提供了宝贵的见解。

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West Science Journal Economic and Entrepreneurship

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