4.1j To what extent do cultural and heritage anchor institutions drive local economic growth and clustering, and reduce market failure?
Background
DCMS is keen to enhance its understanding on how to ensure policies are targeted, tailored and effective in the places that need them most. The department is interested in the drivers of economic growth in different places, how cultural and heritage investment can affect socio-economic outcomes in these places and what are the most important prerequisite conditions for effective cultural investment. We seek research on the role and drivers of cultural sectors in creating and delivering community services, and what programmes or approaches are the most effective in delivering an increase in social cohesion, community attachment and belonging. Furthermore, DCMS is interested in the specific place-based factors that enable a successful commercial art market. DCMS also welcomes research offering international comparative analysis for all of these themes.
Next steps
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Topics
Related UKRI funded projects
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The Economic Value of Cultural Institutions - a benefit transfer study
Measuring the economic value of cultural sites and institutions poses challenges. Traditional economic impact studies have tended to value the market benefits of culture, such as the impacts on employment and gross value...
Funded by: AHRC
Lead research organisation: NESTA
Why might this be relevant?
The project specifically focuses on measuring the economic value of cultural institutions and their impact on socio-economic outcomes, directly addressing the question.
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Inbetween: Cultural regeneration in market towns
This network will bring together an international, interdisciplinary body of researchers to critically consider the interaction of visual arts practice, policy and cultural infrastructure in the regeneration of market to...
Funded by: AHRC
Lead research organisation: Newcastle University
Why might this be relevant?
The project addresses cultural regeneration in market towns, which is related to the question but does not fully cover the economic growth aspect.
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'The role of arts and culture in the regeneration of urban places and urban communities' - Critical Review
This project will produce a critical review of the current knowledge base concerning the role of arts and culture in the regeneration of urban places and communities. Its key objective is to review a wide range of existi...
Funded by: AHRC
Lead research organisation: University of Liverpool
Why might this be relevant?
The project reviews the role of arts and culture in urban regeneration, which is related to the question but focuses more on urban communities rather than local economic growth.