Creative Economies and their Role in Territorial Systems Development

Abstract Creative economies are today one of the fastest-growing economic sectors and an impressive transforming force, than can contribute to increasing territorial, regional or national competitiveness and, therefore, to economic growth and long-term development. The study aims to analyze the contribution of creative economies to the local and regional economy. Quantification of the role of creative economies in the economic profile was made by creating a database, at the level of administrative-territorial unit, with the main economic indicators (number of companies, number of employees, turnover and profit) for the creative economies, according to the NACE classification (Classification of National Economy Activities), for the period 2000-2016. The database was also used for the evolution of the ranks held by each economic sector for the analyzed period and for the development of trend matrices on the evolution of the above indicators, at the four-digit NACE code. The result highlight the importance of creative sector in the dynamics of local and regional economies of the territorial systems.