Abstract
Because of the creator economy, digital entrepreneurship has changed
and now a new group of entrepreneurs called creatorpreneurs creates
content and brands on YouTube, Instagram and TikTok to make
money. It examines the changes and influence of the creator economy
in India as well as across the globe, looking specifically at how
technology, ways to generate income and policies are shaping this
expanding field. By using academic literature, reports from experts and
consultants (SignalFire, Deloitte, RedSeer) and policy review, the study
looks at how the creator economy in India differs from the rest of the
world in terms of size, technological foundations and opportunities.
Research shows that the creator economy worldwide is set to reach
$528 billion in ten years, but India’s position could reach $20 billion
by 2025. Although there is a good trend for Indian creators, many make
less than ?10 lakh per year, mainly on the basis of endorsements and
sponsorships. It also calls attention to problems like dependence on
algorithms, unreliable ways of making money and unclear laws. New
tools such as AI and blockchain are changing how content is made and
who owns it, but they also bring worries about being able to tell what’s
real and what is not when it comes to content. India’s large number of
people, rising use of the internet and help from the government through
the $1 billion creator fund make it ready for expansion.
Authors
B.N. Satya Praneeth, Tamizharasi
RV Institute of Management, India
Keywords
Creatorpreneur, Creator Economy, Digital Platform, Monetization Models, India