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- W2257670918 abstract "Over the last two decades, there have been numerous studies of art clusters and their effects on urban regeneration. Most of those studies, however, rely upon an historical description of a cluster and fail to provide a general model for cluster development. To fill this gap in the literature, this paper argues that the Neo-Schumpeterian model of industrial location, which was developed to explain the location of high-tech clusters in the 1980s, is useful in explaining the formation of an art cluster. Since the 1980s, the East End has played a critical part in London’s emergence as the global centre of contemporary art. Formerly an area of abandoned industrial properties and low-income residences, the East End attracted numerous artists, their workshops, and small businesses, and it became a major art cluster. The Young British Artists, a globally renowned British artist group, are known to be a product of this cluster. By applying the Neo-Schumpeterian model to this case, this paper fi nds several implications for urban regeneration policy: (1) a major art cluster can emerge only when there is a substantial change in cultural industry; (2) the small edge an art cluster has over others can make the cluster dominant, and government support might create that edge; (3) it is diffi cult to predict when and how the cultural market will change before it actually happens, so a major project based on the current market situation is extremely risky; (4) not all places have the conditions required to be the next big success; (5) the formation of an art cluster takes a long time; and (6) creating or attracting the cluster’s leader is an essential task for policy makers and developers for the success of the cluster." @default.
- W2257670918 created "2016-06-24" @default.
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- W2257670918 date "2015-06-01" @default.
- W2257670918 modified "2023-09-24" @default.
- W2257670918 title "London’s New Art Cluster at East End and its Implications" @default.
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