Making Value and Career Building in the Creative Economy

1. Front Matter

   Pages i-xi

   PDF

2. Prologue

   • Melanie Fasche

   Pages 1-3

3. Introduction

   • Melanie Fasche

   Pages 5-14

4. Practices of Making Value—Evidence from Gallerists

   • Melanie Fasche

   Pages 15-26

5. A Historical-Institutional View on Making Value

   • Melanie Fasche

   Pages 27-41

6. The Organization and Geography of Making Value

   • Melanie Fasche

   Pages 43-55

7. Conclusion

   • Melanie Fasche

   Pages 57-61

8. Epilogue

   • Melanie Fasche

   Pages 63-65

9. Making Of

   • Melanie Fasche

   Pages 67-75

10. Back Matter

    Pages 77-77

    PDF

This work offers a nuanced perspective based on empirical evidence of the role of talent and creativity for economic growth, prosperity, social and spatial inequality, and precarity in creative cities by arguing that creativity and talent need to be valued and eventually rewarded to achieve sufficient conditions for individual economic success. Shedding light on the recent momentum of a growing convergence of cultural and economic spheres in post‐industrial societies by building on a case study of contemporary visual art from interviews with commercial gallerists. Written from an economic geography and historical-institutional perspective while leveraging the analytic strength of the established repertoire of other social science disciplines this book will provide a fascinating read for economic geographers and other social scientists researching the creative and knowledge economy as well as arts professionals aiming to better understand the process of making value of contemporary visual art.

• Talent value
• Creative Economy Inequality
• Creative Cities Inequality
• Career Building
• Value Creation
• Visual Art
• Socio-economic assessment
• creative economy
• knowledge economy
• Creative value
• controversial creativity
• urban geography and urbanism

“This book is a timely empirical analysis of the contemporary visual arts scene. … I can recommend this book to students and researchers who are interested in the analysis of practices of valuation from a geographic perspective. It draws on a wide range of theories and combines them in an innovative fashion. It provides a quick, concise, and comprehensive overview of the different facets of this fascinating topic and the relevant theories.” (Oliver Ibert, Economic Geography, May, 2018)

• Martin Prosperity Institute,, University of Toronto(previously) Martin Prosperity Institute,, Toronto, Canada

  Melanie Fasche

Melanie Fasche studies cities and the creative economy with a focus on value creation. She recently completed a Postdoctoral Fellowship in the Cities team at the Martin Prosperity Institute in the Rotman School of Management at the University of Toronto. While working on Richard Florida’s Cities team she led a research project on urbanization and the rise of an urban creative class in Southeast Asia and assisted with teaching and educational development. Melanie completed her PhD in Urban and Regional Economic Studies at HafenCity University Hamburg, and previously worked as freelance consultant and visiting lecturer in Berlin.  

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