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Creative Entrepreneurship, Urban Transformation and the (Baltic) Triangle Model

Wise, N, Gokbulut, OO and Fillis, I (2022) Creative Entrepreneurship, Urban Transformation and the (Baltic) Triangle Model. Journal of Research in Marketing and Entrepreneurship. ISSN 1471-5201

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Purpose: While the theoretical interaction of the creative and cultural industries and entrepreneurship in business is gaining attention in the literature, such entrepreneurial practices are extending their role and position in the economy and in urban areas undergoing transformation. The aim of this paper is to contribute to that literature by generating a model that links creative entrepreneurship with urban transformation as places see and expect continuous change and development.
Design/methodology/approach: We adopt a conceptual approach in developing a model which frames our research agenda around creative entrepreneurship and urban transformation.
Findings: We demonstrate the need for interdisciplinary research to assess value creation, value delivery and innovation as contributors to urban transformation based on creative entrepreneurship, while at the same time resulting in creative placemaking.
Originality: We both contextualize and show the transferability of the model, using the example of Liverpool’s Baltic Creative in Liverpool’s Baltic Triangle area of the city, highlighting the impact of creative change.
Research limitations/implications: This is a conceptual paper which will be used to frame future empirical research on generating additional insight by interviewing key actors in order to heighten understanding of innovation, value creation and value delivery process of placemaking, creative change and urban transformation.
Practical implications: Effective future practice: Our work can help inform creative policymaking, planning and development to achieve both social and economic impacts for a place and the wider region.

Item Type: Article
Additional Information: This author accepted manuscript is deposited under a Creative Commons Attribution Non-commercial 4.0 International (CC BY-NC) licence. This means that anyone may distribute, adapt, and build upon the work for non-commercial purposes, subject to full attribution. If you wish to use this manuscript for commercial purposes, please contact permissions@emerald.com
Uncontrolled Keywords: Urban Transformation; Creative Entrepreneurship; Creative Industries; Placemaking; Value Creation; 1503 Business and Management; 1505 Marketing
Subjects: H Social Sciences > HF Commerce > HF5001 Business
Divisions: Doctoral Management Studies (from Sep 19)
Publisher: Emerald
SWORD Depositor: A Symplectic
Date Deposited: 01 Aug 2022 14:11
Last Modified: 08 Sep 2022 10:15
DOI or ID number: 10.1108/JRME-02-2021-0017
Editors: Jones, Rosalind
URI: https://researchonline.ljmu.ac.uk/id/eprint/17326
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