Approach to prioritisation of EU countries regarding cultural economics

Abstract

Cultural economics is an interdisciplinary field of scientific research described and analysed by various authors as the interaction of human-made activities with new technologies, various artistic forms, knowledge, and creativity. Consequently, cultural economics has received more and more attention; therefore, it is essential to study the factors of cultural economics and prepare a cultural economics index for a country. This study aims at identifying factors of cultural economics and ranking the countries according to the suggested index. In this study, the following factors have been determined: cultural heritage, culture-related education, cultural employment, cultural enterprises, international trade in cultural goods, use of ICT for cultural purposes, and government expenditure on culture.