The Economics and Finance of Cultural Heritage: How to Make Tourist Attractions a Regional Economic Resource (Routledge Cultural Heritage and Tourism Series)

Cover
Half Title
Series Information
Title Page
Copyright Page
Table of contents
Illustrations
Introduction
1 Micro- and macroeconomic characteristics of heritage assets
	Heritage assets among culture, landscape and tourism
	The economic dimension of heritage assets
	Microeconomic analysis of heritage assets
		Microeconomic profile of heritage assets as cultural and landscape assets
		Microeconomic profile of heritage assets as tourist attractions
	Macroeconomic analysis of heritage assets
		Identification of the heritage assets sector
		Macroeconomic performance indicators for heritage assets
			Market structure
			Employment
			Foreign trade
			Innovation and environmental sustainability
		Heritage assets and multiplier effects
	Notes
	References
2 Heritage assets, innovation and environmental sustainability
	Introduction
	Innovation in the heritage assets sector
		Definition and measurement of innovation
		Technological innovation and digitalisation
	Heritage assets and sustainable development
		Environmental sustainability of heritage assets as cultural and  landscape assets
	Environmental sustainability of heritage assets as tourist attractions
		Seasonality and the carrying capacity of heritage assets
	Notes
	References
3 Financing heritage assets and art wealth management
	Introduction
	Project financing as a useful instrument in the financing of heritage assets
	Importance of the business plan and financial planning in the financing of heritage assets
	Public funding of heritage assets and European and Italian gaps in strategic coordination and planning
	Wealth management in the art sector
	Notes
	References
4 The valuation of heritage assets
	Introduction
	Price versus value of heritage assets
	Fundamental analysis and the family method of valuating companies that manage heritage assets
	Methods of valuating heritage assets
		Market approach
		Economic approach
		Financial approach
	Medium value method
	Notes
	References
5 Caves as environmental and tourist resources: Analysis of the Waitomo Glowworm Caves and the Caves of Castellana
	Introduction
	Italian caves as an environmental and tourist resource
	Waitomo Glowworm Caves
	Castellana Caves
		Geological and tourist genesis of the Castellana Caves
		Grotte di Castellana: Corporate purpose, social object and governance
		Development strategies
		Management criticalities
		Budget analysis
		Contribution of the Castellana Caves to tourism and the local  and regional economies
		A look to the future
	Notes
	References
6 Heritage assets as a cultural and  tourist resource: The cases of the Pinacoteca di Brera, the National Archaeological ...
	Introduction
	Pinacoteca di Brera
		Description
		Governance
		SWOT analysis
		Data analysis
	MArTA
		Description
		Governance
		SWOT analysis
		Data analysis
	RavennAntica Foundation
		Description
		Governance
		SWOT analysis
		Data analysis
	Conclusion
	Notes
	References
7 How a heritage asset as a tourist attraction can create regional value: Best practice from Europe and the United States
	Introduction
	Guggenheim Museum in Bilbao
	Serralves Foundation, Porto
	National Museums Liverpool
	Merano Thermal Baths
	Balboa Park, San Diego
	Museum of Fine Arts, Boston
	Notes
	References
Index