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Creative Rural Economy




 Prince Edward County - Case Study
A New Economic Development Model
Creative Rural Economy
Creative Rural Economy

• Define
• Context
• Why
• Mini Case Study
• Challenges
• Next Steps
Definition
Definition
• Creative Economy anchored in Quality of
 Place

• New Economy - Knowledge / Innovation
 Economy / Creative Economy
Definition
Creative Industries..                                                           Creative Products



                                                                                There are two aspects to creative products.

               • Creative Economy anchored in Quality of
..are based on individuals with creative arts skills..
..in alliance with managers and technologists..
..making marketable products..
                                                                                Physically, they are usually simple: a reel of film, a CD, a computer
                                                                                disk, a sheet of printed paper. But their value lies in their content, in
                    Place
..whose economic value lies in their cultural, or ‘intellectual’, properties.   their meaning, or what they represent. The content could be a film, a
                                                                                story, a photograph, a game or a pop song, and it might be
Defined by the UK’s Department of Culture, Media and Sport as quot;…                entertaining or persuasive or informative or attractive.
those activities which have their origin in individual creativity, skill and
talent and which have a potential for wealth and job creation through           It is this information that has value, not the physical object that
               • New Economy - Knowledge / Innovation
the generation and exploitation of intellectual propertyquot;                       carries it. Even with a designer T-shirt or a piece of jewellery, it’s the
                                                                                style, the design that counts, not the cloth or the metal.

                    Economy / Creative Economy
Definition
• Creative Economy anchored in Quality of
 Place

• New Economy - Knowledge / Innovation
 Economy / Creative Economy

• Creative Workers/Occupations /
 Industries
Definition
• Creative Economy anchored in Quality of
 Place

• New Economy - Knowledge / Innovation
 Economy / Creative Economy

• Creative Workers/Occupations /
 Industries

• Interdependent with Urban (market -
 technology)
Creative Industries               Creative Class        Creative Rural Economy


 R&D                             Science                      Winemakers


 Publishing


 Software
                                 Definition
                                 Engineering


                                 Computers
                                                              Cheese Makers


                                                              Artisan Farmers


 TV & Radio                      Mathematics                  Chefs



• Creative Economy anchored in Quality of
 Design                          Education                    Tourism Services



 Place
 Music                           Arts                         Welders


 Film                            Design                       religious



• New Economy - Knowledge / Innovation
 Toys & Games


 Advertising
                                 Entertainment


                                 chemicals
                                                              education


                                                              ag-services
 Economy / Creative Economy
 Architecture                    mass media                   government


 Performing Arts                 plastics                     banking

• Creative Workers/Occupations /
 Crafts                          pharmaceuticals              accounting

 Industries
 Video Games                     computers                    consulting


 FAshion                         electric equipment           Health Services

• Interdependent with Urban (market -
 Art                             scientific instruments        Legal

 technology)
              Rise of the CC                   Page 72/73
Definition
• Creative Economy anchored in Quality of
 Place

• New Economy - Knowledge / Innovation
 Economy / Creative Economy

• Creative Workers/Occupations /
 Industries

• Interdependent with Urban (market -
 technology)
Context
Context
Eva Klein - 3 waves of economic activity
Context
Eva Klein - 3 waves of economic activity

 • 8500 bc - 1850 ad - agrarian
Context
Eva Klein - 3 waves of economic activity

 • 8500 bc - 1850 ad - agrarian
 • 1850 ad - 1950 ad - industrial revolution
Context
Eva Klein - 3 waves of economic activity

 • 8500 bc - 1850 ad - agrarian
 • 1850 ad - 1950 ad - industrial revolution
 • 1950 ad - ? - innovation/knowledge/
   creative economy
50.0
        Creative Workers




37.5




25.0




12.5




  0
       1900      1950      1980   2005   2014
50.0
   work force    wages



37.5




25.0




12.5




  0
            Ag       Man   Serv.   Creative
Manufacturing Labour Force

50.0




37.5




25.0




12.5




  0
           1950             1988    2001
Context - Shifting Trends
Context - Shifting Trends

        • Globalization (Value Add)
        • Shift in industry
        • Manufacturing - Services
        • Baby Boomers
        • Concentration of wealth,
         demographics, location -
         mega region
Context - Shifting Trends

        • Globalization (Value Add)
        • Shift in industry
        • Manufacturing - Services
        • Baby Boomers
        • Concentration of wealth,
         demographics, location -
         mega region
Context - Shifting Trends

        • Globalization (Value Add)
        • Shift in industry
        • Manufacturing - Services
        • Baby Boomers
        • Concentration of wealth,
         demographics, location -
         mega region
Prince Edward County
Prince Edward County

• 2004(‘05/’06) Plan - 0 competitive advantage
Prince Edward County

• 2004(‘05/’06) Plan - 0 competitive advantage
• Q of P competitive advantage
• Geography, History, Heritage
• Untouched
• Sparks - Wine, Culinary - Ecosystem
Prince Edward County

• 2004(‘05/’06) Plan - 0 competitive advantage
• Q of P competitive advantage
• Geography, History, Heritage
• Untouched
• Sparks - Wine, Culinary - Ecosystem
Prince Edward County

• 2004(‘05/’06) Plan - 0 competitive advantage
• Q of P competitive advantage
• Geography, History, Heritage
• Untouched
• Sparks - Wine, Culinary - Ecosystem
• Location, Location, Location
Prince Edward County

• 2004(‘05/’06) Plan - 0 competitive advantage
• Q of P competitive advantage
• Geography, History, Heritage
• Untouched
• Sparks - Wine, Culinary - Ecosystem
• Location, Location, Location
Prince Edward County

• 2004(‘05/’06) Plan - 0 competitive advantage
• Q of P competitive advantage
• Geography, History, Heritage
• Untouched
• Sparks - Wine, Culinary - Ecosystem
• Location, Location, Location
Prince Edward County
Prince Edward County
•   $50M Wine industry investment

•   Building permits up 300% (50%/yr; $16M-$70M)

•   Tourism spend up 168% (30%/yr; $25M-$100M)

•   $30M downtown revitalization

•   $3/4 Billion increase in assessment

•   $1/2 Billion investment leads

•   Reversal of pop. decline, up 2%
Prince Edward County
•   $50M Wine industry investment

•   Building permits up 300% (50%/yr; $16M-$70M)

•   Tourism spend up 168% (30%/yr; $25M-$100M)

•   $30M downtown revitalization

•   $3/4 Billion increase in assessment

•   $1/2 Billion investment leads

•   Reversal of pop. decline, up 2%
Prince Edward County
•   $50M Wine industry investment

•   Building permits up 300% (50%/yr; $16M-$70M)

•   Tourism spend up 168% (30%/yr; $25M-$100M)

•   $30M downtown revitalization

•   $3/4 Billion increase in assessment

•   $1/2 Billion investment leads

•   Reversal of pop. decline, up 2%
Prince Edward County
•   $50M Wine industry investment

•   Building permits up 300% (50%/yr; $16M-$70M)

•   Tourism spend up 168% (30%/yr; $25M-$100M)

•   $30M downtown revitalization

•   $3/4 Billion increase in assessment

•   $1/2 Billion investment leads

•   Reversal of pop. decline, up 2%
Prince Edward County
•   $50M Wine industry investment

•   Building permits up 300% (50%/yr; $16M-$70M)

•   Tourism spend up 168% (30%/yr; $25M-$100M)

•   $30M downtown revitalization

•   $3/4 Billion increase in assessment

•   $1/2 Billion investment leads

•   Reversal of pop. decline, up 2%
Investment Attraction




• www.buildanewlife.ca
Investment Attraction




• www.buildanewlife.ca
Investment Attraction




• www.buildanewlife.ca
Challenges
Challenges

• Factory Old Model Mentality
Challenges

• Factory Old Model Mentality
Challenges

• Factory Old Model Mentality
• No Headline Major Employer
• Bleeding Edge
• TAO
Challenges

• Factory Old Model Mentality Tao
          Living Beyond Form - 14th Verse


• No Headline cannot be seen is called invisible
       That which Major Employer


• Bleedingwhich cannot be heard is called inaudible
       That
            Edge

• TAO
           That which cannot be held is called intangible
Challenges

• Factory Old Model Mentality
• No Headline Major Employer
• Bleeding Edge
• TAO
• Lack of Critical Mass. Provincial /
 National / Grass Roots Strategy
Building a CRE -Team Sport
Building a CRE -Team Sport

• Alliance has begun
Building a CRE -Team Sport

• Alliance has begun
• EODP   - OEEDC
Building a CRE -Team Sport

• Alliance has begun
• EODP   - OEEDC

• Chatham CFDC
Building a CRE -Team Sport

• Alliance has begun
• EODP   - OEEDC

• Chatham CFDC
• The Creative County - Detailed Plan
Building a CRE -Team Sport

• Alliance has begun
• EODP   - OEEDC

• Chatham CFDC
• The Creative County - Detailed Plan
• Next
Next Steps
Next Steps

• Tighten up CRE plan - CIP link
• Looking to build a stronger alliance
• Grass Roots Provincial Action Plan
• Tools, Policies & Resources
• Need alliance to obtain provincial buy in

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Creative Rural Economy

  • 1. Creative Rural Economy Prince Edward County - Case Study A New Economic Development Model
  • 2.
  • 3.
  • 4.
  • 6. Creative Rural Economy • Define • Context • Why • Mini Case Study • Challenges • Next Steps
  • 8. Definition • Creative Economy anchored in Quality of Place • New Economy - Knowledge / Innovation Economy / Creative Economy
  • 9. Definition Creative Industries.. Creative Products There are two aspects to creative products. • Creative Economy anchored in Quality of ..are based on individuals with creative arts skills.. ..in alliance with managers and technologists.. ..making marketable products.. Physically, they are usually simple: a reel of film, a CD, a computer disk, a sheet of printed paper. But their value lies in their content, in Place ..whose economic value lies in their cultural, or ‘intellectual’, properties. their meaning, or what they represent. The content could be a film, a story, a photograph, a game or a pop song, and it might be Defined by the UK’s Department of Culture, Media and Sport as quot;… entertaining or persuasive or informative or attractive. those activities which have their origin in individual creativity, skill and talent and which have a potential for wealth and job creation through It is this information that has value, not the physical object that • New Economy - Knowledge / Innovation the generation and exploitation of intellectual propertyquot; carries it. Even with a designer T-shirt or a piece of jewellery, it’s the style, the design that counts, not the cloth or the metal. Economy / Creative Economy
  • 10. Definition • Creative Economy anchored in Quality of Place • New Economy - Knowledge / Innovation Economy / Creative Economy • Creative Workers/Occupations / Industries
  • 11. Definition • Creative Economy anchored in Quality of Place • New Economy - Knowledge / Innovation Economy / Creative Economy • Creative Workers/Occupations / Industries • Interdependent with Urban (market - technology)
  • 12. Creative Industries Creative Class Creative Rural Economy R&D Science Winemakers Publishing Software Definition Engineering Computers Cheese Makers Artisan Farmers TV & Radio Mathematics Chefs • Creative Economy anchored in Quality of Design Education Tourism Services Place Music Arts Welders Film Design religious • New Economy - Knowledge / Innovation Toys & Games Advertising Entertainment chemicals education ag-services Economy / Creative Economy Architecture mass media government Performing Arts plastics banking • Creative Workers/Occupations / Crafts pharmaceuticals accounting Industries Video Games computers consulting FAshion electric equipment Health Services • Interdependent with Urban (market - Art scientific instruments Legal technology) Rise of the CC Page 72/73
  • 13. Definition • Creative Economy anchored in Quality of Place • New Economy - Knowledge / Innovation Economy / Creative Economy • Creative Workers/Occupations / Industries • Interdependent with Urban (market - technology)
  • 15. Context Eva Klein - 3 waves of economic activity
  • 16. Context Eva Klein - 3 waves of economic activity • 8500 bc - 1850 ad - agrarian
  • 17. Context Eva Klein - 3 waves of economic activity • 8500 bc - 1850 ad - agrarian • 1850 ad - 1950 ad - industrial revolution
  • 18. Context Eva Klein - 3 waves of economic activity • 8500 bc - 1850 ad - agrarian • 1850 ad - 1950 ad - industrial revolution • 1950 ad - ? - innovation/knowledge/ creative economy
  • 19.
  • 20. 50.0 Creative Workers 37.5 25.0 12.5 0 1900 1950 1980 2005 2014
  • 21. 50.0 work force wages 37.5 25.0 12.5 0 Ag Man Serv. Creative
  • 22.
  • 24.
  • 26. Context - Shifting Trends • Globalization (Value Add) • Shift in industry • Manufacturing - Services • Baby Boomers • Concentration of wealth, demographics, location - mega region
  • 27. Context - Shifting Trends • Globalization (Value Add) • Shift in industry • Manufacturing - Services • Baby Boomers • Concentration of wealth, demographics, location - mega region
  • 28. Context - Shifting Trends • Globalization (Value Add) • Shift in industry • Manufacturing - Services • Baby Boomers • Concentration of wealth, demographics, location - mega region
  • 30. Prince Edward County • 2004(‘05/’06) Plan - 0 competitive advantage
  • 31. Prince Edward County • 2004(‘05/’06) Plan - 0 competitive advantage • Q of P competitive advantage • Geography, History, Heritage • Untouched • Sparks - Wine, Culinary - Ecosystem
  • 32. Prince Edward County • 2004(‘05/’06) Plan - 0 competitive advantage • Q of P competitive advantage • Geography, History, Heritage • Untouched • Sparks - Wine, Culinary - Ecosystem
  • 33. Prince Edward County • 2004(‘05/’06) Plan - 0 competitive advantage • Q of P competitive advantage • Geography, History, Heritage • Untouched • Sparks - Wine, Culinary - Ecosystem • Location, Location, Location
  • 34. Prince Edward County • 2004(‘05/’06) Plan - 0 competitive advantage • Q of P competitive advantage • Geography, History, Heritage • Untouched • Sparks - Wine, Culinary - Ecosystem • Location, Location, Location
  • 35. Prince Edward County • 2004(‘05/’06) Plan - 0 competitive advantage • Q of P competitive advantage • Geography, History, Heritage • Untouched • Sparks - Wine, Culinary - Ecosystem • Location, Location, Location
  • 37. Prince Edward County • $50M Wine industry investment • Building permits up 300% (50%/yr; $16M-$70M) • Tourism spend up 168% (30%/yr; $25M-$100M) • $30M downtown revitalization • $3/4 Billion increase in assessment • $1/2 Billion investment leads • Reversal of pop. decline, up 2%
  • 38. Prince Edward County • $50M Wine industry investment • Building permits up 300% (50%/yr; $16M-$70M) • Tourism spend up 168% (30%/yr; $25M-$100M) • $30M downtown revitalization • $3/4 Billion increase in assessment • $1/2 Billion investment leads • Reversal of pop. decline, up 2%
  • 39. Prince Edward County • $50M Wine industry investment • Building permits up 300% (50%/yr; $16M-$70M) • Tourism spend up 168% (30%/yr; $25M-$100M) • $30M downtown revitalization • $3/4 Billion increase in assessment • $1/2 Billion investment leads • Reversal of pop. decline, up 2%
  • 40. Prince Edward County • $50M Wine industry investment • Building permits up 300% (50%/yr; $16M-$70M) • Tourism spend up 168% (30%/yr; $25M-$100M) • $30M downtown revitalization • $3/4 Billion increase in assessment • $1/2 Billion investment leads • Reversal of pop. decline, up 2%
  • 41. Prince Edward County • $50M Wine industry investment • Building permits up 300% (50%/yr; $16M-$70M) • Tourism spend up 168% (30%/yr; $25M-$100M) • $30M downtown revitalization • $3/4 Billion increase in assessment • $1/2 Billion investment leads • Reversal of pop. decline, up 2%
  • 46. Challenges • Factory Old Model Mentality
  • 47. Challenges • Factory Old Model Mentality
  • 48. Challenges • Factory Old Model Mentality • No Headline Major Employer • Bleeding Edge • TAO
  • 49. Challenges • Factory Old Model Mentality Tao Living Beyond Form - 14th Verse • No Headline cannot be seen is called invisible That which Major Employer • Bleedingwhich cannot be heard is called inaudible That Edge • TAO That which cannot be held is called intangible
  • 50. Challenges • Factory Old Model Mentality • No Headline Major Employer • Bleeding Edge • TAO • Lack of Critical Mass. Provincial / National / Grass Roots Strategy
  • 51. Building a CRE -Team Sport
  • 52. Building a CRE -Team Sport • Alliance has begun
  • 53. Building a CRE -Team Sport • Alliance has begun • EODP - OEEDC
  • 54. Building a CRE -Team Sport • Alliance has begun • EODP - OEEDC • Chatham CFDC
  • 55. Building a CRE -Team Sport • Alliance has begun • EODP - OEEDC • Chatham CFDC • The Creative County - Detailed Plan
  • 56. Building a CRE -Team Sport • Alliance has begun • EODP - OEEDC • Chatham CFDC • The Creative County - Detailed Plan • Next
  • 58. Next Steps • Tighten up CRE plan - CIP link • Looking to build a stronger alliance • Grass Roots Provincial Action Plan • Tools, Policies & Resources • Need alliance to obtain provincial buy in