Design Capital Transformation in the Global Creative Economy: Digital Infrastructure, Intangible Assets, and the Rise of Service-Led Growth

Authors

  • Sheik Mohamed S.A College of Arts and Science Chennai
  • Sam Hermansyah Universitas Muhammadiyah Sidenreng Rappang

Keywords:

design capital, creative economy, digital transformation, intangible assets, service exports, platform economy, knowledge-based capital

Abstract

The global creative economy is undergoing structural transformation driven by digitalization, platformization, and the growing importance of intangible assets. This study examines how design capital has evolved into a strategic productive resource supporting service-led export growth and macroeconomic restructuring in digitally intensive economies. It introduces the Design Capital Transformation Model (DCTM), which conceptualizes design as accumulative innovation infrastructure embedded within digital ecosystems and cross-border service architectures. The study employs a quantitative secondary-data synthesis approach integrating international creative-economy datasets, digital-readiness indicators, knowledge-based capital literature, and comparative macroeconomic studies. Analytical triangulation combines structural equation modeling, input–output multiplier logic, spatial-econometric perspectives, and meta-regression synthesis to identify causal pathways linking digital infrastructure, design-capital accumulation, and creative-service export performance across countries. Findings indicate that creative-service exports are growing faster than creative-goods sectors due to the dominance of software-enabled services, licensing-intensive exchanges, and platform-mediated digital content distribution. Economies with advanced digital infrastructure, institutional maturity, and stronger knowledge-based capital formation demonstrate superior export performance and more effective design-capital accumulation. Software abstraction enables design knowledge to become scalable and repeatable economic assets, while artificial intelligence strengthens productivity, adaptive customization, and platform-based value creation. Nevertheless, substantial cross-country disparities persist because of governance differences, regulatory asymmetries, and uneven digital readiness. The study concludes that design capital constitutes strategic economic infrastructure essential for competitiveness, growth, and service-led trade expansion in the digital economy.

References

Benedek, Z., Fertő, I., & Szente, V. (2020). The Multiplier Effects of Food Relocalization: A Systematic Review. Sustainability, 12(9), 3524. https://doi.org/10.3390/su12093524

Cadestin, C., Jaax, A., Miroudot, S., & Zürcher, C. (2021). Multinational Enterprises and Intangible Capital. https://doi.org/10.1787/6827b3c9-en

Davies, R. B., & Markusen, J. R. (2021). What Do Multinationals Do? The Structure of Multinational Firms’ International Activities. World Economy, 44(12), 3444–3481. https://doi.org/10.1111/twec.13199

Duvivier, C. (2021). Broadband and Firm Location: Some Answers to Relevant Policy and Research Issues Using Meta-Analysis. Canadian Journal of Regional Science, 42(1), 24–45. https://doi.org/10.7202/1083638ar

Jeong, K., Yu, C., Lee, D., & Kim, S. (2023). A Computational Model for Simulating the Performance of UAS-Based Construction Safety Inspection Through a System Approach. Drones, 7(12), 696. https://doi.org/10.3390/drones7120696

Jin, Y., Chen, J., Chai, Q., Zhu, J., & Jin, X. (2023). Exploration of Acupuncture Therapy in the Treatment of MCI Patients With the ApoE Ε4 Gene Based on the Brain-Gut Axis Theory. BMC Complementary Medicine and Therapies, 23(1). https://doi.org/10.1186/s12906-023-04060-2

Jordanoski, Z., & Nielsen, M. M. (2021). Measuring the Digital Economy and Society: A Study on the Application of the Digital Economy and Society Index in the Western Balkans. 190–197. https://doi.org/10.1145/3494193.3494220

Lusch, R. F., & Nambisan, S. (2015). Service Innovation: A Service-Dominant Logic Perspective. MIS Quarterly, 39(1), 155–175. https://doi.org/10.25300/MISQ/2015/39.1.07

Magoutas, A., Chaideftou, M., Skandali, D., & Chountalas, P. (2024). Digital Progression and Economic Growth: Analyzing the Impact of ICT Advancements on the GDP of European Union Countries. Economies, 12(3), 63. https://doi.org/10.3390/economies12030063

Martial, T., Pasha, T. A. P., Badrudin, R., & Sitompul, G. A. (2024). Creative Economy as a Driver of Economic Growth in the Digital Era. NJ, 1(8), 8–15. https://doi.org/10.62872/t2w8cy65

Nijkamp, P. (2020). Regional Science in the Netherlands: A Contextual Interpretation of the “Power of Smallness.” Papers in Regional Science, 99(2), 275–293. https://doi.org/10.1111/pirs.12500

OECD. (2020). How Islamic Finance Contributes to Achieving the Sustainable Development Goals. https://doi.org/10.1787/ac1480ca-en

Oloyede, A. A., Faruk, N., Noma, N., Tebepah, E., & Nwaulune, A. K. (2023). Measuring the Impact of the Digital Economy in Developing Countries: A Systematic Review and Meta-Analysis. Heliyon, 9(7), e17654. https://doi.org/10.1016/j.heliyon.2023.e17654

Rolf, S., & Schindler, S. (2023). The US-China Rivalry and the Emergence of State Platform Capitalism. Environment and Planning A: Economy and Space, 55(5), 1255–1280. https://doi.org/10.1177/0308518X221146545

Taubman, A. (2022). The Shifting Contours of Trade in Knowledge: The New “Trade-Related Aspects” of Intellectual Property (pp. 27–83). https://doi.org/10.1017/9781108780919.004

Uğur, M., Churchill, S. A., & Solomon, E. (2017). Technological Innovation and Employment in Derived Labour Demand Models: A Hierarchical Meta‐regression Analysis. Journal of Economic Surveys, 32(1), 50–82. https://doi.org/10.1111/joes.12187

Wyszkowska‐Kuna, J. (2010). Creative Products in International Trade Statistics. Comparative Economic Research Central and Eastern Europe, 13(3), 47–71. https://doi.org/10.2478/v10103-009-0038-z

Yue, Z., Zhao, K., Zhu, S., & Hu, Y. (2024). Beyond the Stereotype of Tolerance: Diversified Milieu and Contextual Difference. Behavioral Sciences, 14(2), 126. https://doi.org/10.3390/bs14020126

Downloads

Published

2026-06-03

How to Cite

Mohamed, S., & Hermansyah, S. (2026). Design Capital Transformation in the Global Creative Economy: Digital Infrastructure, Intangible Assets, and the Rise of Service-Led Growth. Kreativa: Journal of Visual Communication Design and Creative Media, 1(1), 22–28. Retrieved from https://journal.idscipub.com/index.php/kreativa/article/view/1561

Issue

Section

Articles