Page 96 - BUKU STRENGTHENING THE INDONESIAN PARLIAMENTARY DIPLOMACY FADLI ZON

Fostering Innovation

and Connectivity Engagement

The recent global economic slowdown has decreased the economic growth. Many large
companies have been severed. The weak demand and tight credit were the main pressure for
big companies during the crisis. But, it is not the case for Small and Medium-sized Enterprises
(SMEs) which are based on creative industry. They have been more resilient to economic crisis.
At least, they were to be the least affected by the crisis.

The persistence of creative industries from the impact of global economic crisis has been
inspiring APPF members to foster innovation. Creative industry is major source of innovative
ideas and strong performance in technological innovation, that contribute to the regeneration
of new products and services.

Nowadays, it is clear that economic activity of creative goods and services such as arts and crafts,
books, design, films, music, new media, visual and performing arts— have been improving. It
is marked the new era where the creative industries are very important for economic security.

Indeed, the creative industries are today one of the most growing sectors for the global economy.
Small-Medium-Enterprises (SMEs) have become the engine of growth and job creation in the
Asia-Pacific. We should consider the creative industry as one of the new growth sectors with
tremendous potential. Innovation is the key to survive.

Indonesia with 260 million population is very rich with its cultural diversity. It provides us
important sources for thriving creative industry. Indonesia has made significant effort to support
SME’s activities, including its interactions in global stage. Indonesia-creative industry is highly

Selected Speeches of the Vice Speaker of the House of Representatives of the Republic of Indonesia I 83