Proceedings of the 2023 8th International Conference on Modern Management and Education Technology (MMET 2023)

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Expanding Boundaries of Macao’s Cultural Industries Through Strategic Innovation

Authors
Xi Li1, Daibo Xiao1, *
1City University of Macau, Avenida Padre Tomas Pereira Taipa, Macau Shanghai Normal University Tianhua College, 1661 Shengxin North Road, Jiading District, Shanghai, China
*Corresponding author. Email: dbxiao@cityu.mo
Corresponding Author
Daibo Xiao
Available Online 29 November 2023.
DOI
10.2991/978-2-38476-146-3_16How to use a DOI?
Keywords
Strategic Internal Innovation; Cultural Industries; Macao
Abstract

Macao government has committed to building a moderately diversified economic structure and a sustainable development pathway via strategic innovation to avoid overdependence on the gambling industry. Cultural industries are seen as a strong driver in achieving this goal because of their direct economic contribution and incidental effects on other industries. This paper analyzes Macao’s cultural industries challenges in light of its recent developments. Furthermore, the paper proposes some reasonable and feasible suggestions for its innovative development from the perspective of internal innovation.

Most of the current studies focus on adopting “cultural industries +” model to achieve innovation, such as cultural Industries + tourism, cultural industries + finance, cultural industries + high technology, and so on, relatively few of them make profound study on the internal innovation of the cultural industries. Based on the theories of strategy and innovation, this paper suggests expanding boundaries of Macao’s cultural industries through internal strategic innovation, which include expending industry classification standards, expanding the value chain, expanding the scope of regional cooperation.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 8th International Conference on Modern Management and Education Technology (MMET 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
29 November 2023
ISBN
978-2-38476-146-3
ISSN
2352-5398
DOI
10.2991/978-2-38476-146-3_16How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Xi Li
AU  - Daibo Xiao
PY  - 2023
DA  - 2023/11/29
TI  - Expanding Boundaries of Macao’s Cultural Industries Through Strategic Innovation
BT  - Proceedings of the 2023 8th International Conference on Modern Management and Education Technology (MMET 2023)
PB  - Atlantis Press
SP  - 124
EP  - 133
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-146-3_16
DO  - 10.2991/978-2-38476-146-3_16
ID  - Li2023
ER  -