The objective of this study, carried out by the IDB, is to promote and give visibility to one of the sectors of the creative economy with the greatest potential, not only for the entertainment and software industries, but also for others such as health and education. This study will explore how the industry is not only capable of generating wealth, but also of creating more sophisticated jobs as new technologies develop along with the creative sectors. This presentation will highlight the region’s 50 most prominent video game studios, as well as the challenges facing the industry in Latin America. This industry has the potential not only to trigger new future jobs for the younger generations that grew up playing, but also to become an instrument for a new types of learning.

This paper presents the findings of a joint project, conducted by the World Economic Forum and McKinsey & Company, which studied the impact of emerging technologies – artificial intelligence, augmented reality, virtual reality and blockchain – on the creative economy. The project team conducted more than 50 interviews with experts from Asia, Europe and North America, as well as three workshops in China and the United States with World Economic Forum constituents. Given the varying maturity of the different technologies, it is too early to definitively state how they will change the creative economy. This paper outlines opportunities and concerns for each technology and presents suggestions for where attention could be concentrated if the benefits are to be realized.

Cultural and creative sectors (CCS) constitute a vibrant economic activity and source of jobs, enterprise turnover and tax revenues. However, the role of culture for local development is more than these direct outputs. Smartly managed culture-led urban regeneration can breathe new life into decaying neighbourhoods. CCS also contribute to increasing levels of regional innovation and productivity, through new product design, new production techniques, new business models, innovative ways of reaching audiences and consumers, and emerging forms of co-production. Cross-sectoral “contamination” can spread innovation into the wider economy. Moreover, there is growing evidence that increased levels of cultural participation have positive effects on well-being and health as well as encourage social cohesion by supporting the integration and inclusion of marginalised groups.

In order to learn how a creative entrepreneurship can flourish in Latin America and the Caribbean, first it is necessary to know the talent that will develop the projects. Launching an Orange Future, you will not only get to know what the creative entrepreneurs in the region are like, you will also get to know their perceptions, failures, successes as well as the health of their entrepreneurships. This study will help you understand that those who take big risks achieve even higher rewards. Are you ready to be a creative entrepreneur?

The book, TechnoCreative Entrepreneurships Creativity and Technology: Allies or Enemies?, is a guide that focuses on demythifying that the orange economy is not linked to new technology. In general, when we think of handicrafts, we don’t think about technology, but in reality they are more allies than enemies. We will also focus on demonstrating how creativity eliminates frontiers and permeates other more traditional sectors such as health, education and Fintech. Here you will find 50 successful cases from 11 countries in Latin America and the Caribbean that use technology as the basis for developing their products and services. Among their technological allies, you will find entrepreneurships that use Artificial Intelligence, Augmented Reality, Blockchain technology, cryptographic tokens and facial recognition, among others. To make reading easier, we have grouped these enterprises into 10 groups which correlate with the 10 most representative keywords after analyzing over 400 entrepreneurships: Culture: Data Science (AI, ML, IoT, Blockchain), Publishing, Fintech, Interactive Games, Music, New Media, Robotics, Creative Services and Wearables. For each group we have pointed out both global and regional trends, and the only enemy you will find will be the capacity to let go in order to learn something new.

The field of economic development is at a pivotal moment. The transformative potential of the digital revolution has yet to be fulfilled and new, disruptive technologies and business models have begun to transform economies and societies at the most basic levels: how work and firms are organized, and how products and services are designed and delivered. Throughout Latin America and the Caribbean, development organizations and governments are struggling to find new ways to promote economic and social well-being. They face repeated roadblocks as they attempt to improve their capacity to foster individual and national-level resilience. Many foundational development tools have been in use for half a century. They were not designed with today’s technologies and challenges in mind—let alone tomorrow’s. As social, technological, and economic change continues to unfold, new approaches will be needed to promote work, wealth, and a vibrant cultural life.