Applied Mathematics and Nonlinear Sciences
Journal license

Journal

Applied Mathematics and Nonlinear Sciences


Volume
& Issue

Volume 8, Issue 2


Published
on

October 23, 2023


Pages


DOI

Article

Assessing the Sustainability Level of European Cultural and Creative Industries Based on Entropy Method

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Authors

Chenxi Liang Affiliation:
College of Arts and Sciences, Yale University, New Haven, Connecticut, 06511, USA.
, Rawi Abdela Affiliation:
Harvard Faculty of Arts and Sciences, Harvard University, Cambridge, Massachusetts, 02138, USA.
and Ziyu Meng Affiliation:
Harvard Faculty of Arts and Sciences, Harvard University, Cambridge, Massachusetts, 02138, USA.


Abstract

This paper aims to highlight the sustainable development level of European cultural and creative industries and their impact on national economic growth and establish a sustainable development assessment model based on the entropy weight method. The influence of different quantiles on the decision results is eliminated by standardizing the indicators. The objective evaluation method utilizes the entropy principle to avoid bias caused by human factors. The comprehensive evaluation method of sustainable development is utilized to gauge the trend and direction of enterprise development. It has been found that the annual added value of the cultural and creative service industry in Europe in 2022 is 226.976 billion yuan. It is an effective development strategy to promote economic growth in Europe, with an increase of 10.8% over the previous year.


Keywords

Entropy method, European culture, Creative industries, Sustainable development, Assessment model, 01A13


Citation

Liang, C., Abdela, R., & Meng, Z. (2023). Assessing the sustainability level of european cultural and creative industries based on entropy method. Applied Mathematics and Nonlinear Sciences, 8(2). https://doi.org/10.2478/amns.2023.2.00751

Published by: Engineering Journals

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