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Diana Leat

In: Cultural Expression, Creativity and Innovation

Chapter 22: Creativity and Innovation: The Role of Philanthropy

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Creativity and Innovation: The Role of Philanthropy
Creativity and innovation: The role of philanthropy
DianaLeat

This chapter discusses the role of philanthropy in cultural expression, creativity and innovation, suggesting that this interplay in the context of globalization is more complex than might first appear. Foundations are indeed subject to global homogenizing trends in the way in which they work – their standards and processes – but this does not (yet) necessarily imply a similar homogeneity in what they fund. While some philanthropic giving reflects homogenizing trends there are at least four factors that limit these: the variety of philanthropic structures; real and imagined legal restrictions restricting global reach; a variety of approaches and purposes in funding artistic and cultural expression; and the resistant creativity of, in particular, ...

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