Cultural Third Sector Organizations and Local Development: New Actors and Tools for Urban Regeneration in Deprived Contexts

Angelo Laudiero ()
Additional contact information
Angelo Laudiero: Doctoral School of Social Sciences, University of Trento & University of Florence (Italy)

Journal of Entrepreneurial and Organizational Diversity, 2020, vol. 9, issue 2, 1-22

Abstract: The importance of the creative and cultural capital in the economic development of post industrial inner cities has been widely demonstrated by urban development literature as it interacts with the physical environment and sustains regeneration processes. However, also in depressed and peripheral neighbourhoods, creative firms, museums, nonprofit organizations, cultural associations, and independent artists can be identified as actors of substantial urban revitalization. In this regard, understanding the potential of art-based third sector organizations in the emergence of virtuous patterns in urban regeneration strategies is even more crucial. Starting from an institutional economics perspective, the main purpose of this contribution is to review the literatures about the not-for-profit sector and the cultural and creative economy, in order to merge the two previous approaches through the common ground of social innovation. Within the general framework of urban redevelopment processes through specific not-for-profit models and tools, this article also aims to build questions about the role these actors may play as engines of urban regeneration to be addressed through further empirical research.

Keywords: Third sector; Cultural economics; Social innovation; Urban regeneration (search for similar items in EconPapers)
JEL-codes: L30 L31 L38 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://jeodonline.com/jeod_articles/cultural-thir ... n-deprived-contexts/ (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:trn:csnjrn:v:9:i:2:p:1-22

Access Statistics for this article

More articles in Journal of Entrepreneurial and Organizational Diversity from European Research Institute on Cooperative and Social Enterprises Contact information at EDIRC.
Bibliographic data for series maintained by Barbara Franchini ().