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An Empirical Study on the Rapid Development of the Cultural Industry Under Collaborative Innovation—Analysis Based on Entropy Method and Grey Correlation Degree

In: INTERNET FINANCE AND DIGITAL ECONOMY Advances in Digital Economy and Data Analysis TechnologyThe 2nd International Conference on Internet Finance and Digital Economy, Kuala Lumpur, Malaysia, 19 – 21 August 2022

Author

Listed:
  • Zhenni Yu
  • Yanbo Gu

Abstract

Under the background of economic globalization and rapid industrial transformation, the cultural industry has gradually become a new pillar industry in various countries. However, how to realize the rapid development of the cultural industry needs to be further investigated. This study uses the grey correlation analysis model to study the related development of scientific and technological innovation, the total demand of the cultural market, the existing cultural resources, the policy environment of the cultural industry, and the supply of special high-end talents. We find that these five indicators are highly correlated with the development of cultural industries. And then five suggestions are put forward, namely strengthening the national policy support and consolidating the cultural industry system foundation; excavating the existing cultural resources and laying a solid foundation for the cultural industry; enhancing the integration of production, education, and research, and cultivating high-end talents in the cultural industry; expanding the total market demand and opening up the development space of cultural industry. We will vigorously promote scientific and technological innovation and boost the development of cultural industries.

Suggested Citation

  • Zhenni Yu & Yanbo Gu, 2023. "An Empirical Study on the Rapid Development of the Cultural Industry Under Collaborative Innovation—Analysis Based on Entropy Method and Grey Correlation Degree," World Scientific Book Chapters, in: Faruk Balli (ed.), INTERNET FINANCE AND DIGITAL ECONOMY Advances in Digital Economy and Data Analysis TechnologyThe 2nd International Conference on Internet Finance and , chapter 38, pages 527-535, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789811267505_0038
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    More about this item

    Keywords

    Internet Economy; Online Finance; Financial Engineering; Big Data; Blockchain; Supply Chain; E-commerce;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • G2 - Financial Economics - - Financial Institutions and Services

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