The Value of Arts and Culture
Introduction
Measuring the economic and social value of the arts and cultural sector to local and national economies is critical. The experiences of arts and culture connects with health and well-being, happiness, identity and sense of place.
Over the last five years, Creative PEC research has demonstrated the diverse and multifaceted value of arts and culture. The research in this theme has two focuses: measuring and articulating the value of arts and culture using the economic techniques, understanding the impact of emerging technologies on how interactions with culture are experienced, felt and valued.
Publications and Posts
Impact Investing in the Cultural and Creative Sectors: Insights from an emerging field
This report identifies a burgeoning movement of investing for impact in the cultural and creative se…
Exploring societal challenges through library data
From film credits to library catalogues, the creative industries are constantly, passively generatin…
Supporting the Creative Industries: The impact of the ‘Preston Model’ in Lancashire
The economic geography of the UK is highly uneven, with many of the largest clusters concentrating i…
Measuring the economic value of cultural and heritage sites
A major contribution of new guidance, evidence and research on the economic value of culture and her…
Charities speak
Using data science to understand the arts and cultural charities sector in England and Wales Chariti…
Creative Destruction? Creative firms, workers and residential gentrification
A new study by Tasos Kitsos, Max Nathan, and Diana Gutierrez-Posada finds only a minor influence of …
Crypto art and questions of value
Crypto Art is a novel, emerging creative form that is entirely digital, and native to the internet. …
Live music ecologies in the UK: A local perspective in the context of the pandemic
In 2019, the UK’s live music sector was valued at over £1.3 billion. After almost a decade of strong…
Culture in quarantine? Cultural institutions’ uses of Twitter during lockdown
Cultural institutions, such as museums and galleries, are important for local communities. They are …
The European Capital of Culture: A review of the academic evidence
A literature review & policy implications of the impact of the Capital of Culture on local economies
Do creative industries generate multiplier effects? Evidence from UK cities 1997-2018
A paper examing the long-term impacts of the creative industries on surrounding urban economies
Education and skills reforms essential for Government to achieve new Creative Industries ambitions, says new research
Embargoed: 11am Tuesday 8 July 2025 The creative industries are identified as a key sector for the U…
Highly skilled, international talent helps fuel UK creative industries growth, finds new report
Embargoed 9am (UK time) Tuesday 10 June 2025 As the dust settles on the UK government’s Immigration …
Increasing inequality in arts and culture revealed by new research
Embargoed 00.01 Wednesday 7 May 2025 A new report from the Creative Industries Policy and Evidence C…
New Government-backed survey will provide unprecedent insight on what drives growth in the creative industries
In further indication of the increasing importance the Government is putting on the creative industr…
UK Government’s growth ambitions threatened by widening creative industries skills gap
Embargoed 00.01 GMT Wednesday 12 February 2025 The rapid growth of the UK’s creative industries has …
Invest at scale in place-based approaches to unleash potential of ‘Foreign Direct Investment’ in UK’s creative industries says new research
Embargoed 00.01 Wednesday 20 November 2024 GMT With the UK Government’s forthcoming industrial strat…
With the right financial support creative industries could fuel the Government’s growth mission and help tackle persistent regional inequality
A new report published today by the AHRC-funded Creative Industries Policy and Evidence Centre (Crea…
Access to Finance: launch of new research project
New research is being undertaken by Creative UK in partnership with the Creative Industries Policy a…
New research points to a looming creative economy skills shortage across the UK
New report shows ‘severe’ decline in creative further education participation Embargoed 17 July 00.0…
Press Release: New research, including – once in a decade data – provides comprehensive overview of audiences and workforce across arts, culture and heritage.
Embargoed 00.01 Wednesday 15 May 2024 (BST) For the first time, census data has been used to provide…
Press Release: UK’s creative industries are an export success story
New report shows creative strength despite Brexit and Covid Embargoed 00.01 Wednesday 20 March 2024,…
Introducing the Creative PEC’s Research Fellows Network
By Professor Hasan Bakhshi, Director Creative PEC and Professor Giorgio Fazio, Director of Research …
The economic value of cinema venues to their communities
In a tough economic climate for cinemas and where there is limited public funding, it is important t…
A new deal for arts funding in England?
When thinking about why we publicly fund the arts, we can point to their multifaceted benefits. Not …
Can you own a pixel?
This blog is based on the discussion paper Crypto Art and Questions of Value, a guide for anyon…
Art, climate science and policy
Can art play a role in the intersection of climate science and policy? I have been researching …
A little greyer and a bit more rectangular?
Using online museum collections to study the design of everyday objects A little greyer? We tracked …
Arts and culture: The need for a ‘live’ support system
The arts and cultural sector breathed a collective sigh of relief on Sunday evening (5th July) as th…
A live music map for Birmingham in times of COVID-19
Recent research from UK Music has highlighted the economic contribution that music tourism has …
Counting craft
So I never thought I’d become a SIC and SOC code nerd. Neither an economist, nor a statistician, I’m…
Home is where the art is
Why the government, funders and creative industries should come together to support cultural consump…
The impact of COVID-19 on arts and cultural charities
With many arts and cultural charities having to restrict activities as a result of COVID-19, it is m…
The continuing significance of the centenary
What does the nature of a centenary commemoration tell us about collective memory and current social…
Capturing the value of immersive experiences in museums, galleries and heritage sites
Interest in immersive experiences in museums, galleries and heritage sites has increased in recent y…
