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11 - Understanding Different Qualities of the Knowledge Commons in Contemporary Cities

Published online by Cambridge University Press:  09 December 2021

Erwin Dekker
Affiliation:
Mercatus Center, George Mason University, Virginia
Pavel Kuchař
Affiliation:
King's College London
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Summary

For the last ten years many (local) policy makers and entrepreneurs have been fascinated with the economic potential of so-called creative industries and smart cities. This fascination was stirred by the conviction that creativity boosts the (local) economy. And because the urban economy is good for 70 percent of global GDP, and as more than half of the total world’s population lives in cities, creative industries are all the more relevant both socially and economically. This chapter explores a new approach to making sense of social and cultural qualities of cities in the new economy. This is the so-called Value based approach (VBA) with novel concepts, such as shared goods and practices, willingness-to-contribute (WTC) (Klamer, 2016), and, a key notion in our application, a commons, more precisely, the knowledge commons.

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Publisher: Cambridge University Press
Print publication year: 2021

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