Jakarta, Dec. 25 -- Indonesia is preparing a new film financing mechanism aimed at protecting intellectual property and widening market access, as the government seeks to strengthen the country's creative economy and attract more investors to the sector.
Creative Economy Minister Teuku Riefky Harsya said the ministry is working through partnerships to ensure intellectual property can play a stronger role in financing creative businesses, particularly in film.
"The Ministry of Creative Economy continues to push for intellectual property to be recognised as collateral," Harsya said in a statement in Jakarta on Thursday, calling it a key step toward building a healthier creative ecosystem.
He pointed to limited venture capital and difficu...
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