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“ Introduction to  the Creative Economy”   Tom Tresser
What Drives the Creative Economy? SHIFT IN  WHAT AND HOW WE MAKE. HOW WE MAKE  “VALUE.”
Features of  the Creative Economy ,[object Object],[object Object],[object Object]
What’s so special about Starbucks?
How much value does  Starbucks add? Cost of coffee bean when harvested = $0.50/lb. Value realized by Starbucks from selling cup of coffee =  $230/lb. AN INCREASE OF VALUE OF +46,000%.
The progression of economic value COMPETITIVE POSITION Differentiated Undifferentiated PRICING Premium Market Pine & Gilmore, “Welcome to the Experience Economy,” HBR, July/Aug 1998.                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Extract commodities Make goods Deliver services Stage experiences
The progression of economic value COMPETITIVE POSITION Differentiated Undifferentiated PRICING Premium Market Pine & Gilmore, “Welcome to the Experience Economy,” HBR, July/Aug 1998.                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Extract commodities Make goods Deliver services Stage experiences FROM THE  PHYSICAL TO… TO THE CONCEPTUAL
So, do we pay MORE for… or
Creativity Drives U.S. Social + Economic Progress Jane Addams Jonas Salk
The new Creative Economy produces whole new industries…
 
Value of U.S. Copyright Industries 2005 That’s $1.4 trillion….
 
The new Creative Economy produces whole new industries… Which creates new sets of jobs and required job skills
Size of U.S. Creative Economy Workforce Source: Catalytix Consulting
What % of Illinois Workers Toil in the Creative Industries? 30%
LET’S LOOK AT THE ARTIST IN AMERICA
[object Object],[object Object],[object Object]
[object Object]
 
2. How many, who is an artist, how are they doing?
Source: “NEA Artists in the Workforce: 1990-2005”
 
 
 
Source: http://www.acinet.org
Total Enrollment Fall 2005: total = 2,588 ( Fall 2007: 2,935 ) Enrollment by Division Undergraduate: 2,008  Graduate: 580 Enrollment by Racial/Ethnic Category International Students: 17.3% Black, non-Hispanic: 3.1% [6% of all U.S. artists are Black*] American Indian/Alaska Native: 0.9% Asian or Pacific Islander: 9% Hispanic: 6.8% White, non-Hispanic: 59.6% Unknown: 3.3% Enrollment by Gender Female: 66% Male: 34% http://www.saic.edu/about/glance/index.html#enrollment *2007 Statistical Abstract of the United States, U.S. Census Tuition rates 2008-2009:  - Undergraduate students: $1,085 per credit hour - Graduate: $1,180
3. Who participates in the arts in America?
Attendance Of U.S. Arts  & Culture 2002
U.S. Personal Expenses for Recreation 2004 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Doing the Arts…Attending the Arts – By Educational Attainment
Status of the artists in the room ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
To Sum Up… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Intro Creative Economy

  • 1. “ Introduction to the Creative Economy” Tom Tresser
  • 2. What Drives the Creative Economy? SHIFT IN WHAT AND HOW WE MAKE. HOW WE MAKE “VALUE.”
  • 3.
  • 4. What’s so special about Starbucks?
  • 5. How much value does Starbucks add? Cost of coffee bean when harvested = $0.50/lb. Value realized by Starbucks from selling cup of coffee = $230/lb. AN INCREASE OF VALUE OF +46,000%.
  • 6. The progression of economic value COMPETITIVE POSITION Differentiated Undifferentiated PRICING Premium Market Pine & Gilmore, “Welcome to the Experience Economy,” HBR, July/Aug 1998.                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Extract commodities Make goods Deliver services Stage experiences
  • 7. The progression of economic value COMPETITIVE POSITION Differentiated Undifferentiated PRICING Premium Market Pine & Gilmore, “Welcome to the Experience Economy,” HBR, July/Aug 1998.                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Extract commodities Make goods Deliver services Stage experiences FROM THE PHYSICAL TO… TO THE CONCEPTUAL
  • 8. So, do we pay MORE for… or
  • 9. Creativity Drives U.S. Social + Economic Progress Jane Addams Jonas Salk
  • 10. The new Creative Economy produces whole new industries…
  • 11.  
  • 12. Value of U.S. Copyright Industries 2005 That’s $1.4 trillion….
  • 13.  
  • 14. The new Creative Economy produces whole new industries… Which creates new sets of jobs and required job skills
  • 15. Size of U.S. Creative Economy Workforce Source: Catalytix Consulting
  • 16. What % of Illinois Workers Toil in the Creative Industries? 30%
  • 17. LET’S LOOK AT THE ARTIST IN AMERICA
  • 18.
  • 19.
  • 20.  
  • 21. 2. How many, who is an artist, how are they doing?
  • 22. Source: “NEA Artists in the Workforce: 1990-2005”
  • 23.  
  • 24.  
  • 25.  
  • 27. Total Enrollment Fall 2005: total = 2,588 ( Fall 2007: 2,935 ) Enrollment by Division Undergraduate: 2,008 Graduate: 580 Enrollment by Racial/Ethnic Category International Students: 17.3% Black, non-Hispanic: 3.1% [6% of all U.S. artists are Black*] American Indian/Alaska Native: 0.9% Asian or Pacific Islander: 9% Hispanic: 6.8% White, non-Hispanic: 59.6% Unknown: 3.3% Enrollment by Gender Female: 66% Male: 34% http://www.saic.edu/about/glance/index.html#enrollment *2007 Statistical Abstract of the United States, U.S. Census Tuition rates 2008-2009: - Undergraduate students: $1,085 per credit hour - Graduate: $1,180
  • 28. 3. Who participates in the arts in America?
  • 29. Attendance Of U.S. Arts & Culture 2002
  • 30.
  • 31. Doing the Arts…Attending the Arts – By Educational Attainment
  • 32.
  • 33.