4.10d What new methodological approaches could improve measurement of the impact of culture and heritage on individuals and society, including through a Culture and Heritage Capital services approach?
Background
DCMS’s Culture and Heritage Capital programme has made significant advances in developing rigorous and robust methods for valuing the benefits of culture and heritage. This work provides a core methodological foundation for DCMS’s wider appraisal, evaluation and evidence development, and we welcome research that helps strengthen its practical application across different policy and place contexts. Further research is required to improve current valuation methods and develop and integrate new methodological approaches to measurement and monetisation. This includes how we can embrace developments in AI and big data to improve our analytical capabilities, and how to build capacity across the cultural sector to understand and implement our analysis more effectively.
Next steps
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Topics
Related UKRI funded projects
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Scoping Culture and Heritage Capital Research
This project responds to the ambition set by the DCMS Culture and Heritage Capital (CHC) Programme to develop a systematic approach through which culture and heritage can be valued. Delivered by a multidisciplinary team ...
Funded by: AHRC
Lead research organisation: University of the Arts London
Why might this be relevant?
This project specifically addresses the question by developing a systematic approach for valuing culture and heritage assets.
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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?
This project focuses on estimating the economic value of cultural institutions, which is directly related to measuring the impact of culture and heritage on individuals and society.
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Strand A; Developing a taxonomy for culture and heritage capital
The main objective is to develop a taxonomy of culture and heritage capital (CHC) that articulates the multiple benefits and values generated by culture and heritage (C&H)in a way that enables us to give weight to C&...
Funded by: AHRC
Lead research organisation: Historic Buildings and Monuments Commission for England
Why might this be relevant?
This project aims to develop a taxonomy for culture and heritage capital, which aligns with the goal of improving measurement of the impact of culture and heritage on individuals and society.