“The creative industries account for more than seven per cent of the UK economy. But many are now struggling in the face of unprecedented overseas competition. The contribution made by the UK design sector has halved since 2000, with the number of larger agencies falling by one third.”
These strong statements were part of a short text by NESTA, the innovation agency, on the need for entrepreneurship education for creative industries.
With the help of NESTA’s staff, I was able to found out more details.
The 2006 Creative Industries Economic Estimates bulletin, published by the UK Department for Culture, Media and Sport, has only data up till 2004. The publication shows that whereas the creative industries accounted for 7.3% of Gross Value Added in 2004 (as compared to 7.8% in 2000), only 0.5% of that comes from the design industry (a 50% drop from 2000, when the contribution was 1%).
The British Design Industry Valuation Survey 2005 to 2006 contains some further data:
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