The Foundation is conducting a very extensive research, ranging from the history of culture consumption to the modern economics of culture. The results of the research are helping to create the new rules for contracts between the artists and the "users" of the art. |
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The language of institutional economics was chosen as the most appropriate for describing the problems of cultural markets and cultural consumption. But on top of the already established concepts Foundation uses it own innovations, since this whole area is new and developing. |
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The Foundation uses the knowledge and ideas that were developed and supported by the most competent authorities - from the successful practices of cultural industries (cinema, art market, recording studios etc.) to the pure theorists in economics (Nobel prize winners in institutional economics, members of ACEI). |