The Role of Government Policies and Initiatives in Driving IoT Adoption among Creative Industries Stakeholders in China

Abstract

This conceptual paper examines the role of government policies and initiatives in driving IoT adoption among stakeholders in the creative industries in China. The creative industries, including sectors such as design, advertising, architecture, fashion, film, and gaming, play a vital role in China's economy, contributing to economic growth, job creation, and innovation. Government interventions can have a significant impact on fostering IoT adoption within these industries. Financial incentives and subsidies provided by the government alleviate the financial burden associated with adoption, while collaboration platforms and knowledge exchange initiatives facilitate networking and the sharing of best practices. However, challenges such as excessive regulation and lack of tailored support need to be addressed. Future recommendations include tailoring policies, streamlining regulations, enhancing financial support, encouraging collaboration platforms, and investing in research and development. Lessons learned emphasize the importance of tailored policies, collaboration and knowledge exchange, flexibility and standardization, and continued investment in research and development.