{"id":1021,"date":"2019-12-13T04:14:50","date_gmt":"2019-12-13T04:14:50","guid":{"rendered":"https:\/\/www.danielparente.net\/en\/2019\/12\/13\/colombia-wants-to-be-known-for-its-creative-economy-more-than-its-coff\/"},"modified":"2019-12-13T04:14:50","modified_gmt":"2019-12-13T04:14:50","slug":"colombia-wants-to-be-known-for-its-creative-economy-more-than-its-coff","status":"publish","type":"post","link":"https:\/\/www.danielparente.net\/en\/2019\/12\/13\/colombia-wants-to-be-known-for-its-creative-economy-more-than-its-coff\/","title":{"rendered":"Colombia wants to be known for its creative economy more than its coff"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/images.fastcompany.net\/image\/upload\/w_562,ar_16:9,c_fill,g_auto,f_auto,q_auto,fl_lossy\/wp-cms\/uploads\/2019\/06\/p-1-colombian-president-ivan-duque-pitches-his-creative-business-revolution-at-cannes.gif\" \/><\/p>\n<div id=\"\">\n<div>\n<p>A year ago this week, <a href=\"https:\/\/www.nytimes.com\/2018\/06\/17\/world\/americas\/colombia-election-ivan-duque.html\" target=\"_blank\" rel=\"noopener\">Iv\u00e1n Duque was elected President of Colombia<\/a> in a hard-fought, highly divisive election. Duque won as a candidate for the right-wing Democratic Center party. A prot\u00e9g\u00e9 of former president\u00a0\u00c1lvaro Uribe, who held office from 2002 to 2010, Duque is known primarily for fighting against the country\u2019s main rebel group and drug traffickers.<\/p>\n<\/div>\n<div>\n<p>Why was Duque at the Cannes Lions Festival of Creativity along with the likes of <a href=\"https:\/\/www.fastcompany.com\/90365147\/marie-kondo-is-the-future-of-marketing\" target=\"_blank\" rel=\"noopener\">Marie Kondo<\/a>, <a href=\"https:\/\/www.fastcompany.com\/90366396\/advertisers-still-love-facebooks-sheryl-sandberg\" target=\"_blank\" rel=\"noopener\">Sheryl Sandberg<\/a>, and <a href=\"https:\/\/www.fastcompany.com\/90367226\/jeff-goldblum-guide-to-getting-attention\" target=\"_blank\" rel=\"noopener\">Jeff Goldblum<\/a>?<\/p>\n<p>The 42-year-old former lawyer, whose tenure has\u00a0involved <a href=\"https:\/\/www.nytimes.com\/2019\/05\/18\/world\/americas\/colombian-army-killings.html?login=email&amp;auth=login-email\" target=\"_blank\" rel=\"noopener\">controversial moves<\/a> that <a href=\"https:\/\/www.nytimes.com\/2019\/05\/23\/opinion\/colombia-peace-agreement.html\" target=\"_blank\" rel=\"noopener\">threaten a peace treaty signed in 2016<\/a> (by Duque\u2019s predecessor, Juan Manuel Santos, who won a Nobel Peace Prize for his efforts), came to promote the ideas in his 2013 book <em>The Orange Economy<\/em>, which include aggressively funding and supporting the arts and creative industries.<\/p>\n<p>\u201cWe\u2019re talking about a sector where you have festivals, carnivals, gastronomy, museums, visual arts, live arts, media, TV, movies, digital, advertising, marketing, gaming, jewelry. You add up all those sectors in a country like Colombia, its contribution to the economy is double the size of coffee and even bigger than mining,\u201d said Duque, which garnered enthusiastic applause from the Cannes crowd at his session.\u00a0\u201cSo we have to help people understand that when we\u2019re talking about the creative industries, when we\u2019re talking about talent and innovation, we\u2019re talking about a very vibrant and important force to change our nation.\u201d<\/p>\n<p>After his talk, Duque met with <em>Fast Company<\/em> to talk about some of the progress Colombia has made so far in advancing his \u201cOrange Economy\u201d agenda to make the creative economy 6% of the country\u2019s GDP by 2022. In 2017, the Orange Law passed to give creative businesses easier access to lines of credit. Last year, a new finance bill passed that exempts creative businesses from paying income tax for their first seven years if they meet job creation and investment criteria.<\/p>\n<p>\u201cBy early May this year, a report by the Colombian association of chambers of commerce said in the first quarter, the amount of new companies increased by 9%, something close to 96,000 companies were created, and 42% are in the Orange Economy,\u201d says Duque. \u201cThe message I get from that is people are getting it. They want to take advantage of it. That\u2019s why we need to make the opportunity more accessible. The access to finance, the access to the benefits. Eliminating any red tape that obstructs startup development in the country. I\u2019m very impacted by the way people are getting it.\u201d<\/p>\n<p>To sell the idea for these changes, Duque looked around the world for examples of where creative business made smart economic sense.<\/p>\n<\/div>\n<div>\n<p>\u201cWhen we wrote the book, we thought a lot about comparisons so that people know the importance of the creative industry,\u201d says Duque. \u201cWe saw that the biggest hydroelectrical project in the world, the Three Gorges Dam in China, took almost 20 years to go from an idea to generating revenues, and over that time, they invested $25 billion. Then we compared it to what all the musicals in New York made in the same period of time. It was $27 billion.\u201d<\/p>\n<p>His ultimate goal is to make\u00a0Colombia the Silicon Valley of Latin America, in the creative industries and technology. His first year in office is off to a decent start, considering that Colombian delivery startup <a href=\"https:\/\/www.fastcompany.com\/company\/rappi\" target=\"_blank\" rel=\"noopener\">Rappi<\/a> has a $3.5-billion valuation after <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-05-08\/colombia-unicorn-startup-worth-3-5-billion-after-softbank-bet\" target=\"_blank\" rel=\"noopener\">SoftBank invested $1 billion in May<\/a>.<\/p>\n<p>\u201cI think this will be a silent revolution in Colombia,\u201d says Duque. \u201cPeople are getting it, and we have to be pedagogical every single day, so that we have more people motivated to enter into the industry and take advantage of the benefits we have.\u201d<\/p>\n<\/div>\n<\/div>\n<p><script>\n  !function(f,b,e,v,n,t,s)\n  {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n  n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n  if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n  n.queue=[];t=b.createElement(e);t.async=!0;\n  t.src=v;s=b.getElementsByTagName(e)[0];\n  s.parentNode.insertBefore(t,s)}(window, document,'script',\n  'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n  fbq('init', '1389601884702365');\n  fbq('track', 'PageView');\n  <\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.fastcompany.com\/90367601\/colombia-wants-to-be-known-for-its-creative-economy-even-more-than-its-coffee?partner=feedburner&#038;utm_source=dlvr.it&#038;utm_medium=twitter&#038;utm_campaign=feedburner%20fastcompany&#038;utm_content=feedburner\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] A year ago this week, Iv\u00e1n Duque was elected President of Colombia in a hard-fought, highly divisive election. Duque won as a candidate for the right-wing Democratic Center party. A prot\u00e9g\u00e9 of former president\u00a0\u00c1lvaro Uribe, who held office from 2002 to 2010, Duque is known primarily for fighting against the country\u2019s main rebel group [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_post_was_ever_published":false},"categories":[108],"tags":[],"class_list":["post-1021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-creative-economy"],"blocksy_meta":[],"jetpack_featured_media_url":"https:\/\/e928cfdc7rs.exactdn.com\/info\/uploads\/sites\/3\/2019\/12\/Colombia-wants-to-be-known-for-its-creative-economy-more-scaled.jpg?strip=all","jetpack_shortlink":"https:\/\/wp.me\/p2TFCd-gt","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.danielparente.net\/en\/wp-json\/wp\/v2\/posts\/1021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.danielparente.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.danielparente.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.danielparente.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.danielparente.net\/en\/wp-json\/wp\/v2\/comments?post=1021"}],"version-history":[{"count":0,"href":"https:\/\/www.danielparente.net\/en\/wp-json\/wp\/v2\/posts\/1021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.danielparente.net\/en\/wp-json\/wp\/v2\/media\/1022"}],"wp:attachment":[{"href":"https:\/\/www.danielparente.net\/en\/wp-json\/wp\/v2\/media?parent=1021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.danielparente.net\/en\/wp-json\/wp\/v2\/categories?post=1021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.danielparente.net\/en\/wp-json\/wp\/v2\/tags?post=1021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}