The social value of the cultural nonprofit young entrepreneurs

Alessandro Leon

Economia della Cultura, 2013, issue 2, 189-202

Abstract: Cultural and creative nonprofit firms run by young entrepreneurs arean economic area complementary to the public and private offering of themarketable and non-marketable cultural sector. The article distinguishesthe cultural nonprofit firms between two classes: the mutual benefit onesand the public benefit ones. A wide range of reasons are provided in orderto justify greater support from the state to the cultural nonprofit youthfirms. The article, using information derived by a dataset of an aid to enterpriseset up by 10 Bank Foundations, identify numerous social productsthat can be connected to the existence of a nonprofit sector run by theyoung entrepreneurs: freedom of expression, pluralism, consumer protection,defense of the workplace, defense from an excessive degree of monopoly,better costs and revenues control. These social products macroeconomicargument may justify the public intervention, more than the soleand traditional microeconomic market failure explanation. Despite theseadvantages, nonprofit firms are weak in terms of organization and finance.Real public support of nonprofit cultural firms are not designed to meettheir needs.

Keywords: cultural and creative sector; nonprofit and coopera tive organizations; cultural funding; cultural and economic policy; culture and role of the State (search for similar items in EconPapers)
Date: 2013
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