Audio visual sector worth €72m a year to Galway

A conference held in the city this week has illustrated that the audio visual sector added €72m to the economy of County Galway alone in 2012, employing over 600 people

UNESCO has identified the creative economy as one of the most rapidly growing sectors of the world economy. The recently published Creative Economy Report further confirmed that the creative economy can transform export earnings, job creation and an economy’s ability to generate income.

The Creative Edge project, at the Whitaker Institute in NUI Galway is a €1.1 million funded initiative supported by the European Union through the Northern Periphery Programme that has explicitly focused on the development of the Creative Economy in Europe’s peripheral regions.

To mark the end of the Creative Edge project, NUI Galway’s Whitaker Institute hosted a conference on Monday last entitled ‘How Creative Industries Contribute To and Shape Peripheral Region Societies and Economies?’.

Key findings of the research carried out by members of the Whitaker Institute point to the vibrancy of the Creative Economy across the Western Region of Ireland:

• The west of Ireland is home to 2,466 creative industries, ranging from micro enterprises to those who employ hundreds in this growing sector.

• The audio visual sector in Galway alone contributed over €72 million to the local economy in 2012, employing over 600 people in highly skilled positions

• County Galway hosted 83 festivals and events in 2012 ranging from local fairs to international events like the Volvo Ocean Race, which brought in over €62 million in expenditure to the Galway city-region.

• Graduates trained in creative economy pursuits are four times more likely to set up their own business.

• The creative sector has positive spillover benefits into other industrial sectors and more broadly in terms of contributing to social and community development as well as place making and identity formation.

Dr Patrick Collins, School of Geography and Archaeology and the Whitaker Institute for Innovation and Societal Change at NUI Galway, said “this is important work because we in the west of Ireland have an obvious competitive and comparative advantage in creative/cultural produce. We are known for our ability to tell stories, to paint a picture through the use of different media, and this sort of narrative construction is fundamental to success in the Creative Economy.”

The project focuses on four regions across the northern periphery of Europe - Vasterbotten in Northern Sweden; Kemi-Tornio, in Northern Finland; South East Economic Development region in Northern Ireland; and the West of Ireland, all of whom share a high degree of rurality.

James Cunningham, Director of the Whitaker Institute for Innovation and Societal Change, said: “The Creative Edge project has demonstrated the importance of the creative industries to the economic and social vibrancy of peripheral communities and has piloted new ways of how this sector can retain local authenticity while having an international focus in exploiting new markets and opportunities.”

Ian Brannigan, Regional Development Director of the Western Development Commission said "The WDC is delighted to continue our efforts with the Whitaker institute to grow the creative industries sector in the West of Ireland and beyond. Our “mycreative-edge.eu” platform has allowed hundreds of regional creative businesses to access global markets and with 8,500 unique views last month alone we are excited to see interest translate to sales in the run up to the Christmas season".

Those interested in creating a free online profile and promoting their creative business internationally with MyCreativeEdge can register at www.mycreativeedge.eu/register

 

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