According to the 2017 Otis Report on the Creative Economy of the Los Angeles Region:
- With 747,600 salaried jobs in the creative industries, California far surpasses New York State, which has 478,100 jobs, followed by Texas at 230,600 jobs.
- In a postindustrial society, activities based on creativity are an essential feature of a flourishing economy.
- What unifies this dissimilar set of industries is the fact that they all trade creative assets in the form of intellectual property – the medium through which creativity is transformed into something of economic value. Within these industries, we find the intersection of art, culture, business, and technology.
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