The Role of Cultural Assets in European and United States Urban Regeneration

Gregory H. Wassall

doi:10.4028/www.scientific.net/AEF.11.323

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HomeAdvanced Engineering ForumAdvanced Engineering Forum Vol. 11The Role of Cultural Assets in European and United...

The Role of Cultural Assets in European and United States Urban Regeneration

Abstract:

This paper compares the role that cultural economic development has played in countries on both sides of the Atlantic. It evaluates reasons why the United States and Western European countries have pursued contrasting policies, and whether both have benefited from the paths they have taken. Although the dichotomy is not perfect, Western European countries have relied more on heritage goods, while the United States is more renowned for its intellectual property industries. The paper concludes with an argument that each regions strategy may be optimal, given its endowments and constraints.

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Periodical:

Advanced Engineering Forum (Volume 11)

Pages:

323-329

DOI:

https://doi.org/10.4028/www.scientific.net/AEF.11.323

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Online since:

June 2014

Authors:

Gregory H. Wassall*

Keywords:

Creative Economy, Cultural Economic Development, Urban Economic Development, Urban Regeneration

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Creative Commons CC BY 4.0

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* - Corresponding Author

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