THE CREATIVE ECONOMY
THE CREATIVE ECONOMY

Summary/Abstract: More and more of us believe that”the world evolves through innovation”. According to the Nomura Institute the main eras of human civilization are: agricultural, industrial, informational and creative. Michael Porter has suggested that “as nations develop, they progress through a number of stages in terms of their characteristic competitive advantages and modes of competing”1. Porter considers innovation-driven stage as a distinct stage.

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