Beyond the Blue Economy : Creative Industries and the Fourth Industrial Revolution in Small Island Developing States book cover
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Beyond the Blue Economy
Creative Industries and the Fourth Industrial Revolution in Small Island Developing States



  • Available for pre-order. Item will ship after April 11, 2021
ISBN 9780367820251
April 11, 2021 Forthcoming by Routledge
184 Pages 4 B/W Illustrations

 
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Book Description

This book argues for a broader approach to sustainable growth in Small Island Developing States (SIDS). Small island states such as those in the Caribbean, Indian Ocean and South Pacific face significant and growing threats from climate change, increasing political and social volatility and rapidly evolving global trends in technology and tourism. Based on ten years of research, this book looks beyond the Blue Economy of tourism and fisheries and provides a model of how creative industries, innovation networks, creative clusters and digital transformation can give SIDS the foundation for a strong sustainable future. The book not only provides insights into how these emerging digital-creative sectors can drive developing economies, but provides actionable tools for policy makers, entrepreneurs and academics to deliver increased performance on the United Nations Sustainable Development Goals and ultimately, growth and sustainability. This book will be of great interest to scholars and practitioners of economic geography, sustainable development, development studies and the creative industries.

Table of Contents

Introduction - A Decade of Action in the New Normal

A Difficult Decade Ahead

Digital Transformation and the Rise of the Creative Industries

Orange is the New Green (or Blue)

The Need for Creative Economy Data

Background to this Research

Methodologies

New Models and New Approaches

Chapter 1 - The Challenge of Small Island Developing States and the Blue Economy

Introduction

1.1 SIDS as a Concept

1.2 Key characteristics of SIDS

1.3 Vulnerability

1.3.1 Climate vulnerabilities

1.3.2 Economic Vulnerability

1.4 The Issue of Finance and Debt

1.4.1 Concessional Finance

1.5 Reliance on the Blue Economy

1.6. The Dominance of Tourism

1.7 A Case Study of the Maldives

1.7.1 The Impacts of COVID 19

1.7.2 A Positive Outlook for the Maldives

1.8 Increasing Global Economic Uncertainty

1.9. The Need for Research Innovation

1.10. Routes to Resilience for SIDS Economies

1.10.1 Broadening SIDS Economies

Conclusion

Chapter 2 - The Sustainable Development Goals and the Digital-Creative Economy

Introduction

2.1 The Origin of the Goals

2.2 Reconceptualising Partnerships for the 2030 Agenda

2.3 The Role of the Private Sector in Delivering the SDG’s

2.4 The Digital-Creative Economy and the SDG’s

2.5 The Importance of the Creative Economy

Conclusion

Chapter 3 - Small Island Developing States and the Fourth Industrial Revolution

Introduction

3.1 Accelerating Change

3.2 Industry in Transition.

3.3 The Changing Face of Export Led Growth

3.4 The Fourth Industrial Revolution and the Developing World

3.5 The Importance of 4IR to the Sustainable Development Goals

3.6 Education and Skills in the 4IR Enabled Creative Economy

3.7 Key Technologies for Creative Island Economies

3.7.1 AI, Machine Learning and Data

3.7.2 Blockchain and Cryptocurrencies

3.7.3 Immersive Technologies

3.7.4 Creative Immersive Content and Tourism

3.8 Smart Cities and Smart Islands

3.9 Smart Cities Become Creative Islands

Conclusion

Chapter 4 - Clusters Beyond the City - A Decentralised Model

Introduction

4.1 The Ubiquity of Clusters

4.2 Clusters and Cluster Initiatives

4.3 Indentifying and Establishing Clusters

4.4 Clusters and Hubs

4.5 Clusters and Hubs in ‘Other’ Geographies

4.6 Creative Industries and Place

4.7 A Case Study of the Platform Moving Image Cluster

4.8 The Nature of Creative Hubs

4.9 Clusters in Small Island Developing States

4.10 New Model Clusters – Dispersion and Moveable Hubs

Conclusion

Chapter 5 - Island States, Innovation and Redefining the Helix

Introduction

5.1 The Triple Helix

5.2 The Triple Helix and Creative Industries: Education, Knowledge and Innovation Beyond Universities

5.3 The Triple Helix Concept and its Limitations in SIDS

5.4 Reconceptualising the Helix

5.5 The Principle of Agility

5.6 The Agile Helix

5.7 The Agile Helix in Small Island Developing States

5.7.1 The Role of SIDS Universities In the Agile Helix

5.7.2 The Role of Industry in the Agile Helix

5.7.3 The Role Government in the Agile Helix

5.8 Making the Agile Helix a Reality for Small Island States.

Conclusion

Chapter 6 - Creative Ecosystems and Orchestrators

Introduction

6.1 The Concept of Ecosystems

6.2 Business Ecosystems

6.3 Entrepreneurial Ecosystems

6.4 Knowledge Ecosystems

6.5 Creative Ecosystems

6.6 The Creative City as Ecosystem

6.7 The Role of Government in Creative Ecosystems.

6.8 The Role of the Agile Helix.

6.9 Orchestrating Ecosystems

6.10 An Ecosystem for SIDS

6.10.1 Using Cluster initiatives to Turn the Creative City into

the Creative island

6.10.2 Use the Agile Helix to Support the Creative Island

Ecosystem

6.10.3 Model Government Interventions for the Creative Island Ecosystem

Conclusion

Chapter 7 - Creative Entrepreneurship and Inclusive Innovation

Introduction

7.1 The Concept of Entrepreneurship

7.2 Innovation Beyond Science and Technology

7.3 Soft Innovation and the Impact of CCI’s on Entrepreneurship

7.4 The Role of Education in Developing Entrepreneurship in SIDS

7.4.1 Education for Entrepreneurship not Entrepreneurship Education

7.5 Making Entrepreneurship and Innovation Inclusive.

7.6 Entrepreneurial Ecosystems

7.7 Building Entrepreneurial Islands

7.8 Financing Island Entrepreneurship

Conclusion 

Conclusion - Creative Futures for Small Island Developing States

The Second Creative Revolution

The Role of Education and Innovation

Routes to resilience for SIDS economies

The Creative Economy as the Foundation of Sustainable Growth for SIDS

Beyond Vulnerability: The Goal of the Creative Island State 

...
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Author(s)

Biography

Peter Rudge is an award-winning creative entrepreneur, speaker, academic, writer and film and television producer. In 2018 he was named in the Creative England CE50 top 50 leaders and innovators in the digital creative industries and is Founder and Chair of the Platform Moving Image Cluster in the UK.

He is a Fellow of the Royal Society of Arts, a member of the World Economic Forum’s Expert Network, part of the United Nations Expert Group on Creative Economies and a UK representative to the World Business Angels Forum where he sits on the Global Startup Committee.

Reviews

It is hard to imagine a time when the world is more in need of new ideas. Almost overnight, it seems, long-held certainties have been swept away. Nothing can any longer be taken for granted. All nations are being tested, but probably none more than small island states, invariably surviving on a slender economic base. What will they do if tourism can no longer bring in much-needed income?

Peter Rudge’s book could not be more timely. He knows about small island states – but he also understands the potential of the digital-creative industries. How, he asks, can the one help the other? Can we see these activites as a source of new energy and innovation? His answers are perceptive and stimulating. The book is a ‘must’ for all who are trying to make sense of the future. We should be more optimistic, if only because the seeds of sustainable change have already been planted. Now let us help them to grow.

Emeritus Prof. Dennis Hardy, former Vice Chancellor of the University of the Seychelles

 

"Peter Rudge addresses a question that small island developing states have been asking themselves (and others) for many years: what can we do to diversify our economy so that the precariousness resulting from over-dependence on tourism (or another single sector) can be removed?

The sheer importance of this question can be fully appreciated with the onslaught of the global COVID-19 pandemic at the beginning of 2020. Those countries that built their economies on tourism, for example, never thought that they would see a day when it would be necessary to close their borders to all incoming tourists. C-19 made it a reality. There was zero income from tourism for at least a quarter and economies collapsed.

Peter’s discussion about diversification of SIDS economies into digital creative industries offers policy-makers inspiring ideas that hold real potential for development of alternative development strategies.

For politicians and policy-makers alike, as well as for academics and students of development policy, this book offers ideas that can be developed and embodied into national development strategies and upon which further research could follow."

Professor Fazeel Najeeb, Maldives National University and former Governor of the Central Bank of the Maldives and Maldives Governor to the International Monetary Fund.

 

Sustainable economic growth for Small Island Developing States (SIDS) provides the focus for this book. SIDS are introduced - islands where reliance on the blue economy has historically been the norm and where livelihoods are provided for through traditional industries like fishing and tourism. These are islands which have low carbon emissions yet which, ironically, are the most likely to suffer from climatic change and external forces that reveal vulnerabilities and result in shock.

The discussion regarding vulnerability and shock revolves around economic and climatic & environmental issues as well as cultural, societal and political changes. The discussion of this highlights the negative impact on SIDS in context of their economies through, for example, a collapse in the tourism industry and other island industries that rely on the blue economy and the consequential effect on food security and infrastructure, employment and income. This draws out the stark reality of macro-level external forces that have direct and indirect impact at meso-level and micro-level SIDS socio-economic systems.

The issue of regional and multi-regional collaboration in response to addressing low resilience, vulnerability and shock is raised, as is the role of cross-sector and multi-sector approaches to blue economy innovation. The emphasis on this is well-placed and sets the scene for the discussion in later chapters that focuses on a number of very relevant contemporary perspectives: creative industries and Sustainable Development Goals (SDGs), SIDS and the fourth industrial revolution (4IR), the concept of clusters as a method for growing industrial sectors, a collaborative model for industry, academia & government, the orchestration of ecosystem development, entrepreneurship in SIDS and the digital-creative future.

The book presents an interesting narrative and discussion that forms a coherent and meaningful link and congruence between Small Island Developing States that have historically relied on natural local resources and ecosystems intrinsic to the blue economy and a forward-looking vision and approach based on collaborative innovation, research and policy to deliver equitable and sustainable economic growth for those islands in the face of the expanding digital, knowledge, service and experience economies. This latter aspect demonstrates the timely publication of this book – a time in which digital transformation is creating a new wave of change, altering human engagement and experience with the environment and creating new ecosystems and business models that are driving international trade and export of digital and physical assets.

The book offers a refreshing and contemporary approach to discussing the evolutionary and revolutionary force of digital innovation and transformation in the creative industries in the context of Small Island Developing States (SIDS). It includes facts and insights into the flow of resources, knowledge & skills capability, a UK-based case study and a discussion on creative industries and digital innovation & technologies in a distinct SIDS socio-economic non-urban context.

The content is well-researched, written in a clear, logical and coherent manner and will enable readers of this book - policy makers, practitioners, scholars and students of the subject area to form a well-grounded and balanced view of the historic SIDS context and future opportunities that go beyond reliance on the blue economy.

Professor Khawar Hameed, Professor of Digital Innovation, Birmingham City University