unctad.org | 'Industry 4.0 and Creative Economy: Promoting Inclusive Ecosystem in the Digital Era”, Vienna, 8 July 2019.
'Industry 4.0 and Creative Economy: Promoting Inclusive Ecosystem in the Digital Era”, Vienna, 8 July 2019.
08 July 2019
Vienna, Austria

Key Issues

UNCTAD, UNIDO and the Government of Indonesia raised awareness of the impact that technological progress has had on industrial policy in the creative economy at a seminar in the Vienna International Centre on 8 July 2019.

 “The seminar is a proactive platform to find creative approaches to manage the transition to Industry 4.0”, said Indonesian Ambassador Darmansjah Djumala. “The exponential technological progress of Industry 4.0 is causing a structural shift in all economic sectors and is changing the way businesses are managed”.

 Marisa Henderson, Chief, Creative Economy in presented the findings of UNCTAD’s Economy Outlook 2018, which highlights the importance of the Digital Economy for Creative Industries and some nuances that need to be taken into account to understand the complexity of the issue.  “The digital sphere is a movement that has allowed for the rapid globalization of ideas and information. In turn, this has unlocked the creative economy’s growth potential, although not equally for all” said Ms. Henderson.

“Advances in technology have revolutionized some of the creative industries such as advertising, publishing, crafts, etc., as well as their relationship with the rest of the economy”, added UNIDO Deputy Director Olga Memedovic. “The creative economy is centered on the dynamic interaction between creativity, culture, economics, and technology and has the potential to revitalize urban and touristic areas, stimulate regional economic development, attract investment and create jobs for talented young people”.

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Co-organized with:UNIDO and the Government of Indonesia
Sponsor / funding:UNIDO
Language(s):English; English;
Contact:Ms. Marisa Henderson, Chief, Creative Economy Programme
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