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Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions. [ 1 ]
7 Dimensions of Culture. Trompenaars's model of national culture differences is a framework for cross-cultural communication applied to general business and management, developed by Fons Trompenaars and Charles Hampden-Turner. [1] [2] This involved a large-scale survey of 8,841 managers and organization employees from 43 countries. [3]
Hofstede's cultural dimensions theory is a framework for cross-cultural psychology, developed by Geert Hofstede.It shows the effects of a society's culture on the values of its members, and how these values relate to behavior, using a structure derived from factor analysis.
Hofstede was a researcher in the fields of organizational studies and more concretely organizational culture, also cultural economics and management. [5] He was a well-known pioneer in his research of cross-cultural groups and organizations and played a major role in developing a systematic framework for assessing and differentiating national cultures and organizational cultures.
Global cultural flow involves the flow of people, artifacts, and ideas across national boundaries as result of globalization. [ 1 ] [ 2 ] : 296 Global cultural flows can be observed in five interdependent ' Landscapes ', or dimensions, that distinguish the fundamental disjunctures between economy, culture, and politics in the global cultural ...
A second edited collection "Virtualism: A New Political Economy," examined the cultural and social effects on western nations forced to adhere to abstract models of the free market: "Economic models are no longer measured against the world they seek to describe, but instead the world is measured against them, found wanting and made to conform ...
From cultural heritage to cultural and creative industries, culture is both an enabler and a driver of the economic, social, and environmental dimensions of sustainable development. [3] Culture is defined as a set of beliefs, morals, methods, institutions and a collection of human knowledge that is dependent on the transmission of these ...
Cultural policy is not typically justified solely on the grounds that it is a good-in-itself, but rather that it yields other good results. The future of cultural policy would seem to predict an increasingly inexorable demand that the arts "carry their own weight" rather than rely on a public subsidy to pursue "art for art's sake". [17]