Culture is big business. It is at the root of many urban regeneration schemes throughout the world, yet the economy of culture is under-theorized and under-developed. In this wide-ranging and penetrating volume, the economic logic and structure of the modern cultural industries is explained. The connection between cultural production and urban-industrial concentration is demonstrated and the book shows why global cities are the homelands of the modern cultural industries. This book covers many sectors of cultural economy, from craft industries such as clothing and furniture, to modern media industries such as cinema and music recording. The role of the global city as a source of creative and innovative en


The three chapters that constitute the first part of this book are concerned with establishing some basic lines of investigation of the cultural economy generally, and of the cultural economy of cities in particular. Chapter 1 provides a synthetic overview of the entire terrain of inquiry, stressing the importance of cultural-products sectors as foci of economic growth and urban development in modern capitalism. Chapter 2 is a review of general processes of locational agglomeration. Here, an analytical language is developed which is then deployed in later chapters in detailed empirical descriptions of the economic geography of the cultural economy. Chapter 3 builds on this material by showing how creativity and innovation in the cultural economy can at least in part be understood in terms ...

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