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The World Intellectual Property Organization's Global Innovation Index 2024 presents a nuanced portrait of global innovation dynamics amid economic uncertainty and shifting investment patterns. Published in its 17th edition, the GII 2024 evaluates 133 economies across 78 innovation indicators, revealing both challenges and opportunities in the contemporary innovation landscape.

Digital creative industries have the potential to drive socioeconomic development in the Asian region. On one hand, they contribute to economic growth and create new jobs: for example, according to PricewaterhouseCoopers(PWC) estimates, the Indian entertainment and media industry is forecasted to grow faster (+10%) than the broader economy (+6.31%) in 2024–2028. On the other hand, they also strengthen a country’s national brand and soft power in the international political arena,

This report presents the results of new empirical work conducted by Frontier Economics to estimate the impact of the creative industries (CIs) on wider firms’ innovation and activity. The findings add to the growing body of evidence that there are knowledge spillovers from the CIs that have a beneficial impact on the innovation of firms in the wider economy.