Ed Morrison · The art of taking risks

April 24th, 2011

Interesting thoughts from Australia on funding the arts: The art of taking risks

”Arts funding and publicly supporting the arts is about creating and sustaining those conditions, not just for artists but for the broader community, to be able to foster new ideas and creative development.

”We do need a more comprehensive understanding of the arts that brings in the broader ecology. Arts is about the remarkable power of art and new ideas to stimulate further connections and creativity and innovation, be it economic, political, social. But it is also about place-making, it’s about innovation in various industries, and it needs to be conceived at that level and not just as a percentage of the budget which is a transfer or a welfare payment to artists who are perceived as being at a disadvantage, rather than working on a sustainable practice at a small or medium-sized level.

”It’s also about the practicality of how do we invest in innovation for economic development? How do we create the environment for risk taking?”

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One Response to “The art of taking risks”

  1. John Polk Says:

    Two thoughts on this, one quite concrete…

    I spent the last couple months hanging around Cleveland’s Gordon Square Arts District, which is anchored by Cleveland Public Theater. To see the critical mass which has begun to propel that neighborhood is quite refreshing (very few economic development groups have been involved at all), and is a tribute to the folks who made a commitment to CPT 25 years ago. It’s a great story,

    And…It’s hard to overestimate the role that artists…and those who think like artists…can have on innovation…They’re wired differently, and much of their success is the result of individual effort and entrepreneurship, and risk-taking. Too many organizations are run by accountants. It’d be great to see Cleveland actually embrace its emerging creative class, and come to understand the value which creative individuals can make to a companies’ vitality.