Cultural Entrepreneurship

Cultural entrepreneurship (also known as culturepreneurship or art entrepreneurship) characterizes a sphere of activities with the goal of constant change between once unconnected fields of the arts and the cultural and the business sectors. This ambivalence ideally demands a visionary personality willing to take risks with alertness to revenue-generating arbitrage, who is capable of mastering, mediating, and interpreting a complex and contradictory process from the creation of novel cultural ideas, methods, or artifacts through their social acceptance and usability as cultural innovations to, first and foremost, exploiting their commercial potential as cultural goods and services. This transfer and conversion capacity requires a lifestyle of permanent reinvention, positive self-esteem, and unconventional solutions embedded in a creative and open-minded context (or environment).

The personality or species of cultural ...