Art & Business: A 30-Year-Long-Relationship on Art-based Management
(A2019-7919)

AUTHORS

Stefania Masè, Ipag Business School; Elena Cedrola, Macerata University; Genevieve Cohen-Cheminet, Sorbonne University; Piyush Sharma, Curtin University

KEYWORDS

Art & Business; Art-based Management; Systematic Literature Review

ABSTRACT

Recent research highlights the increasing importance of the arts as a management resource. Since the last two decades of the last century decreasing public investments in art and culture has made the art sector more open to private funds. At the same time – and increasingly in recent years - investing in art has been a viable strategy to build cultural infrastructure favorable to strong brand image. As a burgeoning area of research, art-based management still lacks defined boundaries. A systematic literature review is used here to perform an analysis of the last 30-years relationship between Art & Business to highlight all the possible ways the visual arts can sustain successful art-based strategies for products and brands. This retrospective gives a solid ground both for managers from different industries who contemplate marketing strategies referable to the art-based management framework and for art managers who consider their roles as active referents for private donations.