EconPapers    
Economics at your fingertips  
 

The Sustainability of Museums’ Financial Independence in Greece

Lamprini Mpourelaki (), Elisavet Nikolaidou () and Sofia Karampela ()
Additional contact information
Lamprini Mpourelaki: Aristotle University of Thessaloniki
Elisavet Nikolaidou: Aristotle University of Thessaloniki
Sofia Karampela: Aristotle University of Thessaloniki (AUTH)

A chapter in Synergizing Management, Culture, and Arts for Tourism Development - Vol. 2, 2026, pp 169-185 from Springer

Abstract: Abstract This paper investigates the sustainability and financial independence of museums in Greece within the context of social and economic pressures. It focuses on the transition from a funding model primarily reliant on state support to more flexible hybrid frameworks that incorporate private resources, cross-sector collaborations, and contemporary cultural management practices. The methodological approach combines a theoretical review of international literature, analysis of the existing institutional framework, and empirical research using both quantitative and qualitative tools. The empirical component draws on data collected through structured questionnaires completed by 240 museum visitors and 51 museum professionals. The analysis reveals notable divergences in the expectations and perceptions of the two groups. Visitors express support for financially strengthening museums, particularly through reciprocal services and participatory experiences, while acknowledging their educational and tourism-related roles. In contrast, museum professionals express reservations about the feasibility of full financial autonomy, due to obstacles like understaffing, limited access to European funding programs, and restrictive public accounting rules. The findings underscore the importance of institutional flexibility, investment in human capital, and the enhancement of strategic communication with society and the tourism sector. Case studies such as the Acropolis Museum and MOMus illustrate the potential of adopting mixed funding models that promote outreach, transparency, and resource diversification. In conclusion, the study argues that the long-term sustainability of museums in Greece is contingent upon redefining their relationship with the public, the market, and the state, while integrating sustainability into strategic planning and strengthening cultural entrepreneurship in line with the Sustainable Development Goals.

Keywords: Museum sustainability; Financial independence; Cultural policy; Institutional framework; Empirical research; Tourism linkage (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:prbchp:978-3-032-17534-2_11

Ordering information: This item can be ordered from
http://www.springer.com/9783032175342

DOI: 10.1007/978-3-032-17534-2_11

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2026-07-31
Handle: RePEc:spr:prbchp:978-3-032-17534-2_11