Understanding the Heritage Dividend UID 112/NP 389

This project aims to improve our understanding of when and why heritage investment triggers a ‘heritage dividend’—a catalytic effect where initial heritage-led projects stimulate significant follow-on investment and sustained regeneration. Building on nine High Street Heritage Action Zone case studies and exemplar projects like Nottingham's Lace Market and the North Kent coastal town of Whitstable, the research will develop a theory of change explaining the mechanisms (such as confidence signalling, clustering, identity reinforcement and cultural branding) and enabling conditions that produce durable impacts. Deliverables include a theory of change model, reports, policy brief, stakeholder workshop, and comparative data. For more detailed information please see the attached ITT.