The Ministry of Business, Innovation and Employment (MBIE) started a study of the creative sector's use of copyright and registered designs in October.
Ms Peart said the reviews undertaken by MBIE covered music, film and TV, gaming software, written content, product design such as fashion and architecture and other visual content.
''It is important that any review of the copyright legislation does not overlook the importance of copyright protection of source code and artistic works which are implied in the industrial design context.
''These are important industries in which New Zealand has the ability to grow its international market share.''
The IT sector in particular had huge potential for New Zealand which had a highly educated workforce, lower cost of operating a business and no disadvantage due to distance from the global economy due to the ability to connect digitally, Ms Peart said.
Given the importance of diversifying the economy with rising pressures of climate change and reliance on commodity prices, it would be important for MBIE to adequately consider how copyright law could encourage innovation in new technologies and stimulate creativity in areas such as industrial and software design and application of new technology.
''The challenge will be to see whether any positive steps recommended as a result of the review actually make their way into legislation,'' Ms Peart said.
Commerce Minister Paul Goldsmith expected the Government would look at its 21-year-old Copyright Act once it had finished its review of the creative sector, likely by the end of next year.
The Government amended copyright law in 2011, introducing a ''three strikes'' regime where copyright owners could chase illegal file sharing through their internet service providers.
A PwC report commissioned by industry associations in the creative sector estimated illegal file sharing had a direct impact of $1.74billion on gross domestic product in 2014, mostly from the film and television sector.
