4.8d How have digital and AI innovations and economic shocks changed the way in which businesses in DCMS sectors operate and what does this mean for future financial resilience?
Background
DCMS supports the financial resilience of its sectors by providing targeted funding, driving innovation and investment, and developing supportive policies to help businesses and organisations adapt to economic challenges. We seek to better understand the financial health and the risks faced by cultural organisations; the most significant factors that create barriers/risks to financial health; the circumstances where the government can best intervene; and what challenges for DCMS sectors mean for future financial resilience.
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Related UKRI funded projects
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Future Finance Innovation Accelerator
Future Finance is an accelerator for financial services that takes principles from innovation ecosystem and startup support programmes, and applies them to established firms. The programme of support is designed to enabl...
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Why might this be relevant?
The project directly addresses how digital and AI innovations impact businesses and their financial resilience.
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DIGIT
It is now widely accepted that we are living through a 4th industrial revolution and that innovation driven by digital technologies such as the Artificial Intelligence, Robotics, Quantum Computing, 5G mobile networks, th...
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Why might this be relevant?
The project focuses on digital technology's impact on productivity and employee wellbeing, which is related to the question but does not fully address financial resilience.
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Digitally Enhanced Advanced Services Network+
This Digital Economy (DE) Network Plus will deliver a vibrant community that will position the UK as the internationally leading research hub for Digitally Enhanced Advanced Services. Rather than focus on the product or ...
Funded by: EPSRC
Lead research organisation: UNIVERSITY OF EXETER
Why might this be relevant?
The project discusses digital technologies' impact on firm productivity, which is related to financial resilience but does not fully address the question.