Steven Tepper, Creative Assets and the Changing Economy, The Journal of Arts Management, Law, and Society
Many arts advocates and policymakers have argued that certain changes in the economy (globalization, digitalization, the rise of the “knowledge” worker, the boom in intellectual property, changes in leisure consumption) are having a catalytic effect on art and culture. In particular, the arts are heralded as engines of economic growth and development. Scholars and pundits have written about the central role of creative cities, creative clusters, creative economies, and the rise of the creative economy as an important indicator of economic health. In short, there is a growing belief that changes in the economy have pushed creative assets to the center of economic life.
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