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Five roles for arts, culture, and design in economic development

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  • Mary Jo Waits

Abstract

The benefit of an all-hands-on-deck approach to confronting economic challenges and opportunities becomes readily apparent when considering the case of arts, culture, and design. Not traditionally present in the domain of economic development, this trio has many potential benefits for boosting the economy. They touch the economy at crucial leverage points, including innovation, entrepreneurship, employment, and revitalization. An arts, culture, and design strategy is not the only requirement for promoting prosperity. However, coupled with other strategies, the three can provide a competitive edge for cities and states.

Suggested Citation

  • Mary Jo Waits, 2014. "Five roles for arts, culture, and design in economic development," Community Development Innovation Review, Federal Reserve Bank of San Francisco, issue 02, pages 017-023.
  • Handle: RePEc:fip:fedfcr:00045
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