Innovation Spaces — Spurring Economic Development through Cultural Industries

Authors: Steven Kostell*, University of Vermont
Topics: Economic Geography, Qualitative Research
Keywords: Economic Development, Makerspace, Creative Economy, Creative Class, Entrepreneurship
Session Type: Paper
Day: 4/6/2019
Start / End Time: 9:55 AM / 11:35 AM
Room: Marriott Ballroom Salon 3, Marriott, Lobby Level
Presentation File: No File Uploaded

By liberating technologies and eliminating barriers to access, maker spaces have emerged as a critical catalyst for individual and community development. Community-based maker spaces are evolving into innovation hubs. They foster relationships with incubators, co-working spaces, accelerators and venture capital entities. They also generate activity in the Creative Class through engagement in the entrepreneurial ecosystem.

Focusing on populations, projects, and participation in makerspace programming, this presentation examines the value of makers spaces to creative economies. Qualitative findings coalesce into seedbed indicators for expanded research into makerspaces’ contributions as ‘Innovation Hubs’ to evidence local economic growth.

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