8.2r What are the most significant factors creating risks to the financial health of heritage organisations, and what policy interventions could reduce those risks?
Background
Our nation’s heritage is irreplaceable and a vital tool for economic growth, creating diverse jobs, specialist skills, and fostering real pride in place. We want to protect and enhance the best of our heritage to meet modern needs, keeping it alive through re-use and regeneration, providing communities with the infrastructure they need, and empowering them to take on the heritage assets they cherish. DCMS needs to better understand how these goals can be achieved most effectively, whilst considering local, financial and environmental impacts of the sector and interventions.
Next steps
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Topics
Related UKRI funded projects
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Integrating Lifetimes in Heritage Capital
ITHACA aims to articulate the economic value of caring for heritage. This project brings together an interdisciplinary team, including Associate Prof. Josep Grau-Bove (expert in damage prediction in heritage), Dr. Ricky ...
Funded by: AHRC
Lead research organisation: UNIVERSITY COLLEGE LONDON
Why might this be relevant?
The project specifically aims to articulate the economic value of caring for heritage and how prevention of change brings value to society, addressing the risks to financial health of heritage organizations.
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Triangulation of values using different valuation methods - CAVEAT
CAVEAT will identify and mitigate the caveats associated with current valuation methods when applied to culture and heritage capital to inform decision making. CAVEAT will explore how to best triangulate existing valuati...
Funded by: AHRC
Lead research organisation: University of Glasgow
Why might this be relevant?
The project focuses on identifying and mitigating caveats associated with current valuation methods for culture and heritage capital, which could partially address the risks to financial health of heritage organizations.
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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?
The project aims to develop a systematic approach for valuing culture and heritage assets in decision-making, which could partially address the risks to financial health of heritage organizations.