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Entrepreneurs discuss innovation at an IDB event in the Dominican Republic

The 26 entrepreneurs and innovators from different countries who participated today in the VIII conference "Devise Solutions to Improve Lives", organized in Santo Domingo by the Inter-American Bank of Development (BID), reaped great success by presenting their experiences to some 2,600 people.

Santo Domingo, Nov 9 (EFE) .- The 26 entrepreneurs and innovators from different countries who participated today in the VIII conference "Devise Solutions to Improve Lives", organized in Santo Sunday by the Inter-American Development Bank (IDB), they reaped great success by presenting their experiences to some 2,600 people.

A number of registrants that more than doubled the expectations of the public of the organizers of the activity, who expected some 1,200 people interested in the "flagship event of innovation" of the IDB, and who intend to promote the use of creativity as an engine of development in the digital era as part of the so-called Orange Economy.

The call has been "very successful." We thought that they would enroll around 1,200 people and we have 2,600 registered, "said the head of the Division of Culture, Creativity and Solidarity of the IDB, Trinidad Zaldívar.

Created in 2013, this event" aims to show how creativity and innovation play a very important role in economic growth, "presenting innovations are part of the so-called" Orange Economy ", which covers all the creative and cultural industries.

The election of the Dominican Republic for this VIII edition of the day is determined "by the investment of this country in innovation and in its digital agenda, and for the enormous talent and creativity it has, "Zaldívar said in a statement to the press.

The 26 speakers present in this activity different innovations that "They are improving lives in different parts of the world." The important thing is to inspire young people, to show them that anyone can be innovative and enterprising if the conditions are be ", he pointed out.

Although the examples of innovation, presented in presentations of 15 minutes, correspond to disciplines of all kinds, this eighth edition" is focused on the industries cultural and creative, and how these industries are an engine for the economy, "said the IDB cultural officer.

" We see, for example, how an architect reuses plastic to build new homes, how to take electric power to rural areas, or how to generate a fashion that pollutes less the environment, "Zaldívar mentioned.

La Economía Naranja, concept coined by the IDB, refers to goods and services that use creativity and intellectual capital with the potential to create jobs, wealth and greater well-being, and includes areas such as art, music and cinema, tourism and cultural heritage, new media, content software, fashion, or architecture, among other disciplines.

It is the set of activities that, in linked, they allow ideas to be transformed into cultural goods and services, whose value is determined by their intellectual property content.

The global income generated by the creative and cultural industries amount to 2,250 million dollars, three percent of the global GDP, and employs 29.5 million people.

In the Dominican Republic, around half a million jobs, equivalent to 12.5% ​​of the total workforce, correspond to the creative industries, which contribute 1.5% to GDP, according to the Central Bank and the Ministry of Culture.

The country exports goods and services derived from creative industries worth about 198 million dollars, from sectors such as handicrafts, audiovisuals, design, new media, performing arts, publications and visual arts, according to the United Nations Conference on Trade and Development (Unctad).

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