1st Edition
Realising the Value of Culture The Value-Based Approach
Introduction: Value-based Approach in Making
Lyudmila Petrova, Ajo Klamer, Christian Handke, Valeria Morea and YounSun Won
Part I: Critical reflections: Different discourses related to the Value-based approach
1. From the Value of Culture to the Human Economy: The Development of a Research Programme
Arjo Klamer
2. Neither Special Nor Ordinary: Simply Specific. Cultural Values Within the Human Ecosystem
Michele Trimarchi
3. The Logic of Preferences and the Formation of Values
Agnieszka Wincewicz-Price
4. The Process of Values Realization in the Arts
Lyudmila Petrova
5. Cutting through the Value Thicket: The Value-based Approach in Cultural Economics and its Friends and Foes
Christian Handke
Part II: Values and Valorization: Applications of the Values-based approach
6. Towards an Appreciation of Creative Craft: Exploring the Relation between Culture and the Valorisation of Creative Craft
Marleen Hofland-Mol
7. The Values of Public Art: The Case of Zadkine’s ‘Destroyed City’
Valeria Morea and Erwin Dekker
8. Cultural Commons within a Value-based Approach: A Case for the Theatrical Commons
Francesca Sabatini
9. Applying a Value-based Approach to Analyze
Centri Sociali Matilde Ferrero and Irene Pinto
10. Valuing Digital Culture 3.0
Carolina Dalla Chiesa
11. George Orwell, the Fairy Story, and the Managerial Revolution: Literary Criticism as a Value-Based Economic Approach
Manuel-Julian R. Montoya
12. Cultural Leadership and its Value(s)
Anna Dempster
13. Resilience and Relevance: The Strength of Small Museums in the COVID-19 Era
Aldo Do Carmo and Demi Karijowiredjo
14. Transforming Academia: How a University Absorbs New Values and Norms to Generate Societal Impact
Jilde Garst and Mariangela Lavanga
15. Realising the Values of Science within the Twenty-first Century: How to Avoid Academic Inflation in Higher Education?
Altug Yalcintas
Part III: Value-based assessment and evaluation
16. The Quality Evaluator: A Value-Based Approach to Assessing Cultural, Social and Societal Values
Lyudmila Petrova and Arjo Klamer
17. Articulating the ‘Value’ of Cultural Products: The Case of Australian Books
Bronwyn Coate, Julienne van Loon and Millicent Weber
18. Organizational Strategies as Guiding Principles for both Making and Measuring Impact within the Arts and Cultural Sectors: A Helpful Decision Tree
Marjelle Vermeulen and Ellen Loots
19. Non-Market Value of Theatres: Willingness-to-Pay for Externalities or Willingness-to-Contribute towards the Cultural Commons
Trine Bille
20. Understanding Urban Commons in the Context of Urban Transformations
YounSun Won
Biography
Lyudmila Petrova is Researcher and Educator in Cultural Economics at Erasmus University, the Netherlands and Co-Founder of the Center for Research and Education in Arts and Economics (CREARE). Her work focuses on creativity and innovation, cultural commons, and international cultural policy. Her key publications address value-based approach to the cultural sectors.
Arjo Klamer is Professor Emeritus of Cultural Economics, Erasmus University, the Netherlands and Visiting Professor Human Economy, VU Amsterdam, the Netherlands. His current research focuses on the cultural dimension of economic life. His most recent book, Doing the right thing: A value-based economy (2016), introduces a value-based approach to the economy.
Christian Handke is Associate Professor (with ius promovendi) of Cultural Economics in the Erasmus School of History, Culture and Communication, Erasmus University Rotterdam, the Netherlands. He is Executive Board member of the Association of Cultural Economics International (ACEI) and Associated Editor of the Journal of Cultural Economics.
Valeria Morea is Assistant Professor at the Arts and Culture Department at Erasmus University Rotterdam, the Netherlands. She previously worked as postdoctoral researcher at Iuav University of Venice, Italy and collaborates with the Mercatus Center at George Mason University, USA.
YounSun Won is Lecturer and Researcher at Erasmus University Rotterdam, the Netherlands. Her research focuses on urban economics and cultural economics, particularly the role of urban commons in transformation.






