Tag Archives: creative economy

Los Angeles Leads the Nation in the Creative Economy

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.