The challenge: How to grow the creative economy and help arts and cultural organisations thrive in a time of austerity.
We show the value of the creative economy, influence policies to help it grow, and help arts and cultural organisations thrive by making the most of digital technologies and new funding sources.
One million new creative jobs in the UK by 2030, and a resilient, innovative arts and cultural sector.
We want to see more creative jobs. Creative jobs are highly skilled, high productivity and resistant to automation. Nesta’s latest research with Pearson on the future of employment shows that demand for creative jobs is likely to grow. Nesta has long championed policies that meet the workforce needs of the creative economy - in areas like talent development, creative clusters, and research and development. Examples include our work on data skills; high-tech creative skills in our Next Gen report; improving the definitions of R&D; and measuring the benefits of combining arts and science skills in a company workforce.
We want to see the arts and cultural sector make the most of new technology. We see huge opportunities where creativity meets technology in emerging art forms, improving access and new business models, and have backed dozens of projects testing new uses of digital technology. This year we are developing a digital innovation programme for museums, and have created an online interactive museums map.
We want the creative economy to be better understood by policymakers in finance, education and industry, as well as in culture. We have published detailed policy proposals and mapped the many creative hubs to be found right across the UK in The Geography of Creativity in the UK.
We never work alone. Our partners have included: Arts Council England, Arts Council of Wales, Heritage Lottery Fund, Bank of America Merrill Lynch, Esmée Fairbairn Foundation, The Calouste Gulbenkian Foundation, Cardiff University, the Arts & Humanities Research Council, Ukie, Creative England and the Department for Culture, Media and Sport.
New research and evidence: Nesta conducts groundbreaking quantitative research on the creative economy - using methods like machine learning to identify and measure creative jobs in Creativity vs Robots, and social network analysis to understand networks of creative individuals. Our Dynamic Mapping method for classifying the creative industries has been adopted by the UK government. We also build interactive data visualisations to support policy at a local level - such as mapping the economic importance of creativity in local areas; and the skills needs of a creative workforce.
Early-stage innovation programmes: We run early-stage innovation programmes that discover and incubate new ideas. For example, our £7 million Digital R&D Fund for the Arts with Arts Council England and the Arts & Humanities Research Council (together with the Digital Innovation Fund for the Arts in Wales) supported over 60 arts and cultural organisations to experiment with digital technologies in order to identify new business models and new ways to engage audiences. We have also experimented with using matched crowdfunding to back arts and heritage projects.
Scaling promising solutions: We have helped take new ideas to large scale - like National Theatre Live which broadcasts the performances from the London stage to cinemas and arts centres around the world and now has a global paying audience of 1.5 million.
Our Arts & Culture Finance team manages social impact investment funds which are are breaking new ground by bringing together public funders, philanthropic organisations and other private investors to help arts organisations not only to scale their activity, but also to better evidence the positive social impact they have on society. We piloted the £7 million Arts Impact Fund between 2015-2019, and are now managing the £20 million Arts & Culture Impact Fund and the £3.7 million Cultural Impact Development Fund.
We have also run mentoring programmes and other business support to help creative economy entrepreneurs grow their organisations - such as our Creative Business Mentoring Network.
The National Holocaust Centre: InteractRead the case study
Policy influence: We have helped to shift the debate on the creative economy using new statistics, policy proposals (like A Manifesto for the Creative Economy which set out ten ways that governments can grow the creative economy), and think pieces (like The New Art of Finance which showed the range of new funding tools that could be used in the arts).
Our work with the video games and visual effects industries in NextGen helped to set the direction for digital skills across the education system, putting the UK at the forefront of teaching coding skills to young people in schools. We also act as a convener - bringing together organisations of all sizes, individual innovators and academics, from across the creative economy, arts and culture sectors.
Innovation skills: Nesta helps creative organisations and teams to innovate more effectively. Our global Creative Enterprise Programme, run in partnership with the British Council, delivers practical workshops around the world supporting creative entrepreneurs in setting up and growing their businesses. Accompanied by the Creative Enterprise Toolkit (which has been translated into eight languages), the programme has worked with 13 countries over the last ten years.
Our Destination Local programme was designed to understand and stimulate activity in the UK’s growing hyperlocal media industry. In 2013 we supported ten prototype projects and published groundbreaking research into both the scale and nature of demand for hyperlocal services, and the size of the UK’s hyperlocal advertising market.
There have been lots of attempts at making hyperlocal media pay - our landscape report Here and Now gives some great examples. Quite a few have found success, but strong business models that can work across the country have yet to be found.
If you’d like to find out more about Nesta’s work in the creative economy, arts and culture, please contact [email protected].