4.11h What is the structure of the UK commercial art market, and how does it contribute to the wider economy, and what barriers are limiting its future growth?
Background
The department seeks research that will help to support cultural sectors and DCMS policies to optimise its contribution to building national prosperity. DCMS is keen to develop a more robust evidence base on the fundamental mechanisms and drivers by which the cultural sector generates and distributes wealth. The department’s interests in this area include the impact of public investments on local economic growth, understanding the spillover effects generated by investments in cultural infrastructure, understanding economic, social, and cultural value derived from R&D in the cultural sectors, and understanding the impact of theatrical touring on national and international economies.
Next steps
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Topics
Related UKRI funded projects
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Measuring the value of the RSA New Contemporaries Exhibition as a Platform for Emerging Artists.
Our research project is concerned with the economic and cultural value of the visual arts in both market and non-market terms: - Value to artists (including emerging artists, existing and up-market artists, art college...
Funded by: AHRC
Lead research organisation: University of Stirling
Why might this be relevant?
The project directly addresses the economic and cultural value of the visual arts in the UK commercial art market.
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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 focuses on estimating the economic value of cultural institutions, which is relevant to understanding the UK commercial art market.
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A New Model for Visual Arts Participation: Access, Education, Cohesion
Context and Challenge It has been sixty years since the publication of Jennie Lee’s landmark government white paper A Policy for the Arts (1965), which celebrated the value and utility of the arts in the broadest sense. ...
Funded by: AHRC
Lead research organisation: University of Southampton
Why might this be relevant?
The project proposes a new model for visual arts participation, which could partially address the question by exploring the value and impact of the visual arts sector.