Using a Creative Live Chat Cam with Skype
Your Camera is a UVC -Universal Video Camera type.

In English that means you should just plug it in and it will work.

Following steps should do it:

Plug the camera in..

Open Skype

If Skype does not auto-identify the camera (asking you if you want to use it)

Go to the Skype Preferences

Go to the Audio Video

There you should be able to select the camera + Microphone + Speakers

You will see your self if all worked.