Cultural economics has become well established as a subject of interest for students and instructors of courses ranging from economics to arts administration as well as for policy-makers and practitioners in the creative industries. Digitization has had a tremendous impact on many areas of the creative economy and the third edition of this popular book fully reflects it. The Handbook of Cultural Economics is an acknowledged leading source for students, teachers and others interested in finding out about the subject. Cultural economics covers a wide range of topics and they are reflected in the many short and accessibly written chapters. Each chapter is written by a specialist in the subject and offers both suggestions for further reading and cross-references to other related chapters in the book. It therefore combines accessibility with depth of knowledge. The intention of the book is to introduce the reader to the various topics and to testify to the strength of economics in explaining the economic aspects of the world of the arts and creative industries. The third edition demonstrates the huge impact that digitization has had on production and consumption in the sector. While being accessible to any reader with a basic knowledge of economics, it presents a comprehensive study at the forefront of the field for students and teachers of economics, business economics, creative industries, and media and arts administration as well as for policy-makers. Contributors include: O. Ashenfelter, V. Ateca Amestoy, M. Bacache-Beauvallet, W. Baumol, P. Belleflamme, P.J. Benghozi, F. Benhamou, T. Bille, M. Blaug, K. Borowiecki, M. Bourreau, S. Cameron, D.C. Chisholm, F. Colbert, T. Cuccia, C. Dalla Chiesa, J. Denis, P. Di Caro, G. Doyle, J. Farchy, V. Fernandez-Blanco, B. Frey, O. Gergaud, V. Ginsburgh, M. Gomez-Vega, K. Graddy, A. Haddida, C. Handke, L.C. Herrero-Prieto, M. Hutter, W.M. Landes, M. Lavanga, Y.-H. Liu, I. Mazza, C. McAndrew, J. McKenzie, T. Navarrete, D. Netzer, J.W. O Hagan, T. Orme, M. Peitz, J. Prieto-Rodriguez, H. Ranaivoson, M. Rushton, G. Schulze, B. Seaman, S. Shin, J. Snowball, D. Throsby, R. Towse, O. Velthuis, R. Watt, J. Waldfogel, G. Withers, M. Zieba

Already dealing with disruptive market forces, the Cultural and Creative Industries (CCIs) faced fundamental challenges resulting from the global health crisis, wrought by the COVID-19 pandemic. With catastrophic changes to cultural consumption, cultural organizations are dealing with short-, medium-, and long-term threats to livelihoods under lockdown. This book aims at filling the literature gap about the consequences of one of the hardest crises – COVID-19 – severely impacting all the fields of the CCIs. With a focus on European countries and taking into account the evolving and unstable context caused by the pandemic still in progress, this book investigates the first reactions and actual strategies of CCIs’ actors, government bodies, and cultural institutions facing the COVID-19 crisis and the potential consequences of these emergency strategies for the future of the CCIs. Solutions adopted during the repeated lockdowns by CCIs’ actors could originate new forms of cultural consumption and/or new innovative market strategies. This book brings together a constellation of contributors to analyze the cultural sector as it seeks to emerge from this existential challenge. The global perspectives presented in this book provide research-based evidence to understand and reflect on an unprecedented period, allowing reflective practitioners to learn and develop from a range of real-world cases. The book will also be of interest to researchers, academics, and students with a particular interest in the management of cultural and creative organizations and crisis management.

Cultural economics has become well established as a subject of interest for students and instructors of courses ranging from economics to arts administration as well as for policy-makers and practitioners in the creative industries. Digitization has had a tremendous impact on many areas of the creative economy and the third edition of this popular book fully reflects it. The Handbook of Cultural Economics is an acknowledged leading source for students, teachers and others interested in finding out about the subject. Cultural economics covers a wide range of topics and they are reflected in the many short and accessibly written chapters. Each chapter is written by a specialist in the subject and offers both suggestions for further reading and cross-references to other related chapters in the book. It therefore combines accessibility with depth of knowledge. The intention of the book is to introduce the reader to the various topics and to testify to the strength of economics in explaining the economic aspects of the world of the arts and creative industries. The third edition demonstrates the huge impact that digitization has had on production and consumption in the sector. While being accessible to any reader with a basic knowledge of economics, it presents a comprehensive study at the forefront of the field for students and teachers of economics, business economics, creative industries, and media and arts administration as well as for policy-makers. Contributors include: O. Ashenfelter, V. Ateca Amestoy, M. Bacache-Beauvallet, W. Baumol, P. Belleflamme, P.J. Benghozi, F. Benhamou, T. Bille, M. Blaug, K. Borowiecki, M. Bourreau, S. Cameron, D.C. Chisholm, F. Colbert, T. Cuccia, C. Dalla Chiesa, J. Denis, P. Di Caro, G. Doyle, J. Farchy, V. Fernandez-Blanco, B. Frey, O. Gergaud, V. Ginsburgh, M. Gomez-Vega, K. Graddy, A. Haddida, C. Handke, L.C. Herrero-Prieto, M. Hutter, W.M. Landes, M. Lavanga, Y.-H. Liu, I. Mazza, C. McAndrew, J. McKenzie, T. Navarrete, D. Netzer, J.W. O Hagan, T. Orme, M. Peitz, J. Prieto-Rodriguez, H. Ranaivoson, M. Rushton, G. Schulze, B. Seaman, S. Shin, J. Snowball, D. Throsby, R. Towse, O. Velthuis, R. Watt, J. Waldfogel, G. Withers, M. Zieba

Already dealing with disruptive market forces, the Cultural and Creative Industries (CCIs) faced fundamental challenges resulting from the global health crisis, wrought by the COVID-19 pandemic. With catastrophic changes to cultural consumption, cultural organizations are dealing with short-, medium-, and long-term threats to livelihoods under lockdown. This book aims at filling the literature gap about the consequences of one of the hardest crises - COVID-19 - severely impacting all the fields of the CCIs. With a focus on European countries and taking into account the evolving and unstable context caused by the pandemic still in progress, this book investigates the first reactions and actual strategies of CCIs' actors, government bodies, and cultural institutions facing the COVID-19 crisis and the potential consequences of these emergency strategies for the future of the CCIs. Solutions adopted during the repeated lockdowns by CCIs' actors could originate new forms of cultural consumption and/or new innovative market strategies. This book brings together a constellation of contributors to analyze the cultural sector as it seeks to emerge from this existential challenge. The global perspectives presented in this book provide research-based evidence to understand and reflect on an unprecedented period, allowing reflective practitioners to learn and develop from a range of real-world cases. The book will also be of interest to researchers, academics, and students with a particular interest in the management of cultural and creative organizations and crisis management.