THE BUSINESS OF DESIGN
• 3rd Largest in Europe
• One of the most globalised countries
• London is the largest financial centre equal with New York
• Largest industries – aerospace, pharmaceuticals, North Sea oil and gas.
• An area of the economy in which businesses share the same or a related product or service.
• An industry or market sharing common characteristics.
• Standard economic modules Identify 4 industrial Sectors
The primary sector of the economy extracts or harvests products from the earth.
Activities associated with the primary sector include agriculture (both subsistence and commercial), mining, forestry, farming, grazing, hunting and gathering, fishing, and quarrying.
The secondary sector of the economy manufactures finished goods.
Activities associated with the secondary sector include metal working and smelting, automobile production, textile production, chemical and engineering industries, aerospace manufacturing, energy utilities, engineering, breweries and bottlers, construction, and shipbuilding.
Tertiary Sector:
The tertiary sector of the economy is the service industry.
Activities associated with this sector include retail and wholesale sales, transportation and distribution, entertainment (movies, television, radio, music, theater, etc.), restaurants, clerical services, media, tourism, insurance, banking, healthcare, and law.
Quaternary Sector:
The quaternary sector of the economy consists of
intellectual activities.
Activities associated with this sector include government, culture, libraries, scientific research, education, and information technology.
Why do you need to be aware of economic sectors?
The Service Industries
• An industry made up of companies and organisations that primarily generate revenue through providing often intangible products or services.
• Service industry companies are involved in retail, transport, distribution, food services, as well as other service dominated business. Also called service sector or tertiary sector
• Service industries can be divided into 3 further sectors
The composition of the public sector varies by country, but in most countries public sector services include the police, military, public roads, public transit, primary/secondary education and health care.
• These services are often of benefit to the whole of society rather than just the individual who uses them (such as public education, local government, NHS....)
Department of Health Department of Justice Home Office
Foreign Office Department of Transport Department of Energy Department for Work and Pensions
Department of Food and Agriculture
Ministry of Defence Education Department Department for Local Government
Department for Business and Innovation
Department for Culture Media and Sport
Department for International Development
The Treasury Civil Service
Department of Health Department of Justice Home Office
Foreign Office Department of Transport Department of Energy Department for Work and Pensions
Department of Food and Agriculture
Ministry of Defence Education Department Department for Local Government
Department for Business and Innovation
Department for Culture Media and Sport
Department for International Development
The Treasury Civil Service
The private sector encompasses all for-profit businesses that are not owned or operated by the government.
In most free-market economies, the private sector is the sector where most jobs are held. This differs from countries where the government exerts considerable power over the economy, like
in the People's Republic of China.
• These services are delivered for profit and are usually only by accessed by payment may benefit society as a whole.
The part of the economy that includes voluntary or not-for-profit sectors or organisations
The Third Sector includes voluntary and community organisations, Professional associations, self-help groups and community groups. It also encompasses social enterprises, mutuals and co-operatives.
• – Jim Joseph
• The presence of alargenon-profitsectorissometimes seen as an indicator of a healthy economy in local and national financial measurements.[4] With a growing number of non-profit organizations focused on social services, the environment, education and other needs throughout society, the non-profit sector is increasingly central to the health and well being of society.
Public administration and defence
Real estate and renting
Tourism
Transport, storage & communication
Education, health & social work
Financial and business services
Hotels and restaurants
Wholesale and retail
This is a broad concept of domain in which activities related to creative work creation or production are carried out. It could be a synonymous term for entertainment industry.
In general, creative industries are a set of service enterprises that engage in economic activities originating in individual skill, creativity, and talent, and which furthermore have the potential for wealth and job creation
• Architecture
• Arts and Antique markets
• Crafts
• Designer Fashion
• Film Video and photography
• Graphic Design
• Software, computer games and electronic
• The visual and performing arts
• Publishing
• Television
• Radio
• Music industry
• Film industry
• Animation industry
• Game industry
• Post-production
• Fashion & Textiles
people and markets”
• 62% of Designers are under 40
• 31% (20,436) of design businesses are based in London
• 69% isn’t
• 59% of design companies employ fewer than 5 people
• Over 50% of UK design businesses work in communications, digital and multimedia design
• Design Studios/Consultancies • In-House design teams
• Freelance designers
• Product and Industrial design • Interior and Exhibition Design • Fashion and Textile Design
• Digital and Multimedia Design • Service Design
Graphic Design & Illustration
Retail & Promotion
Publishing & Editorial
Product & Packaging
Branding & Identity
Information & Wayfinding
Type & Typographic Design
Print & Production
Digital & Multimedia design
Web design & development Interface Design
Design for Mobile Technology
Games Design
Motion Graphics
Digital Film & Animation Special effects
• These 2 areas are the most integrated disciplines within the creative industries
• They service all sectors of local, regional,
national and international economic
sectors
(including public, private and third sector organisations).
• NESTA – the National Endowment for Science, Technology and the Arts
• THE DESIGN COUNCIL
• CSD – Chartered Society of Designers • D&AD – Design & Art Direction Network • AOI – Association of Illustrators
• TIGA - TIGA's vision is to make the UK the best place in the world to do games business.
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