Creative industries in innovative development of territories: features of functioning

The article is devoted to the peculiarities of the creative industries functioning and their role in the innovative development of territories. When analyzing the features of the functioning of creative industries in Russia, it is emphasized that the very notion of this sector remains vague to the present day and has not been finally formulated either at the level of legislative acts, or in the strategy of social and cultural politics or in innovation, and the creative industries themselves are in the stage of their development becoming. Despite a number of problems, creative industries in Russia are developing. The successful development of that sector of the creative economy is possible in the event of state, political, investment, public support. A beneficial effect on the socio-cultural and economic level of territorial development is expected.