Film Policy and Film Production: The Potential of Baltic Co-Productions and New Film Fund
The film industry can be considered the most important in creative industries since it possesses the characteristics of industrial organization, a high degree of demand uncertainty, contractual agreements, and business practices. What is more, the film industry strongly influences the other sub-sect...
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| Format: | Article |
| Language: | English |
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Sciendo
2024-12-01
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| Series: | Economics and Culture |
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| Online Access: | https://doi.org/10.2478/jec-2024-0024 |
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| author | Dabrovolskas Audrius Cane Renate |
| author_facet | Dabrovolskas Audrius Cane Renate |
| author_sort | Dabrovolskas Audrius |
| collection | DOAJ |
| description | The film industry can be considered the most important in creative industries since it possesses the characteristics of industrial organization, a high degree of demand uncertainty, contractual agreements, and business practices. What is more, the film industry strongly influences the other sub-sectors, because of the broad-based advantages that it delivers in terms of employment and economic growth. On the other hand, the economic value of creative industries does not arise from their relative contribution to economic value, but from the co-ordination of new ideas and technologies thereby influencing change in economic and cultural processes. Since European film industries are fragmented, there is a constant need to rethink possible model for their continuous growth. This is especially relevant in the context of smaller film industries in Europe such as in the Baltic States, because their budgets for film production are relatively small compared to bigger film industries. Therefore, in order to foster new industry development, which would also reflect the regional context of the Baltic States and its location strengths, the potential of co-productions - mission-economy approach is proposed as it emphasizes market co-creation, co-shaping, partnerships between business and public sector and other managerial and technological innovations. |
| format | Article |
| id | doaj-art-c712871bbace4ace86936a21130183b3 |
| institution | DOAJ |
| issn | 2256-0173 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Economics and Culture |
| spelling | doaj-art-c712871bbace4ace86936a21130183b32025-08-20T02:51:48ZengSciendoEconomics and Culture2256-01732024-12-0121213814910.2478/jec-2024-0024Film Policy and Film Production: The Potential of Baltic Co-Productions and New Film FundDabrovolskas Audrius0Cane Renate1Turiba University, Riga, LatviaTuriba University, Riga, LatviaThe film industry can be considered the most important in creative industries since it possesses the characteristics of industrial organization, a high degree of demand uncertainty, contractual agreements, and business practices. What is more, the film industry strongly influences the other sub-sectors, because of the broad-based advantages that it delivers in terms of employment and economic growth. On the other hand, the economic value of creative industries does not arise from their relative contribution to economic value, but from the co-ordination of new ideas and technologies thereby influencing change in economic and cultural processes. Since European film industries are fragmented, there is a constant need to rethink possible model for their continuous growth. This is especially relevant in the context of smaller film industries in Europe such as in the Baltic States, because their budgets for film production are relatively small compared to bigger film industries. Therefore, in order to foster new industry development, which would also reflect the regional context of the Baltic States and its location strengths, the potential of co-productions - mission-economy approach is proposed as it emphasizes market co-creation, co-shaping, partnerships between business and public sector and other managerial and technological innovations.https://doi.org/10.2478/jec-2024-0024film policyfilm productioncreative industriesmission economybaltic film industries.m1z1z110z180. |
| spellingShingle | Dabrovolskas Audrius Cane Renate Film Policy and Film Production: The Potential of Baltic Co-Productions and New Film Fund Economics and Culture film policy film production creative industries mission economy baltic film industries. m1 z1 z110 z180. |
| title | Film Policy and Film Production: The Potential of Baltic Co-Productions and New Film Fund |
| title_full | Film Policy and Film Production: The Potential of Baltic Co-Productions and New Film Fund |
| title_fullStr | Film Policy and Film Production: The Potential of Baltic Co-Productions and New Film Fund |
| title_full_unstemmed | Film Policy and Film Production: The Potential of Baltic Co-Productions and New Film Fund |
| title_short | Film Policy and Film Production: The Potential of Baltic Co-Productions and New Film Fund |
| title_sort | film policy and film production the potential of baltic co productions and new film fund |
| topic | film policy film production creative industries mission economy baltic film industries. m1 z1 z110 z180. |
| url | https://doi.org/10.2478/jec-2024-0024 |
| work_keys_str_mv | AT dabrovolskasaudrius filmpolicyandfilmproductionthepotentialofbalticcoproductionsandnewfilmfund AT canerenate filmpolicyandfilmproductionthepotentialofbalticcoproductionsandnewfilmfund |