Year: 2009
Type: preprint
Abstract: Creative classes are usually found in inspirational, cultural environments.From that perspective, the presence of an attractive cultural or historical environment that is actively enjoyed by many people is a major asset for many cities.Cultural heritage has become a resource of both historico-cultural and socio-economic significance in a modern society.The needs of a leisure society as well as the needs of those who want to relax from their daily labour race are often met in places with a local identity and an appreciative specific built environment.Undoubtedly, a main challenge of the modern creativeness fashion is to translate creative and cultural assets and expressions into commercial values (value added, employment, visitors etc.), which means that private-sector initiatives are a sine qua non for effective and successful urban creativeness strategies.In the present paper a survey of methods to value cultural heritage is offered.Most valuation approaches appear to use stated preference methods, but we also observe a limited set of studies using hedonic price approaches.Given the orientation on the local benefits of cultural heritage, the latter class of methods is a promising area of research on the valuation of amenities in creative cities.
Language: English
Subfield: Urban Studies
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
Funder: Vrije Universiteit Amsterdam
OpenAlex ID: W1592013934