The fourth industrial revolution has begun. World economists predict that in the future the global economy will increasingly rely on creative industry sector. Global societies' increasing reliance on information technology in their daily activities has led to exponential growth to creative industry which includes computer software industry, film, music, publications, entertainment, fashion, among others.
Recognizing the country's important role in the development of creative industries, the Indonesian government plans to hold a preparatory meeting of the World Conference on Creative Economy on 4-7 December 2017 in Bandung, West Java. “Through economic diplomacy, the Ministry of Foreign Affairs is highly committed to strengthen international cooperation for capacity building of business persons in the industry. This is one of the reasons for the Ministry's involvement in this conference" said Tri Purnajaya, Director for Trade, Commodity, and Intellectual Property, Ministry of Foreign Affairs of the Republic of Indonesia.
"In the history of the world, there has been no single industry developed without a form of cooperation between countries. This is what underlies the Government of Indonesia's initiative to organize the World Conference on Creative Economy that aims to creating a snowball-effect of cooperation in this field" said Triawan Munaf, Chairman of the Indonesian Agency for Creative Economy (BEKRAF) of the Republic of Indonesia, released today. "This conference will involve representatives from countries with strong interests in the development of creative industry and will discuss ways and means to strengthen cooperation including funding aspect and government regulation" he continued.
The national creative economy industry has experienced exponential growth in the past three years. Based on national data, creative industry sector has employed 15.9 million manpower with 7.3 percent contribution to gross domestic product (GDP) or equivalent to Rp 852 trillion. On a global scale, the economic value of the creative industry has even surpassed the petroleum industry. Based on data released by the United Nations Conference on Trade and Development (UNCTAD) in 2012, the creative industry contributed USD 2.2 trillion or 230 percent more than the value of oil exports by OPEC member countries. Not to be left behind by the rapid development of the creative industry, President Joko Widodo has established the Creative Economy Agency (BEKRAF) in 2015. (Directorate of Trade, Commodity, and Intelectual Property Affairs)