Fostering Art and Cultural Entrepreneurship in Underserved Communities: A Case of Newark,NJ

Abstract

Policymakers worldwide have invested in art and cultural industries (ACIs) as important vehicles for economic development. However, the issues of race, ethnicity, gender, and inequality have not been sufficiently addressed. This study investigates the factors that enable or constrain art and cultural entrepreneurship (ACE) in Newark, NJ. The findings suggest that a sense of place and the social identities of diverse business owners significantly impact the process of launching and operating creative businesses. Insufficient market opportunity, lack of resources in the community, and uneven distribution of wealth across racial groups are among the biggest challenges they face. Despite these challenges, these artist-entrepreneurs have proactively worked as both business owners and art-industrial gatekeepers to promote themselves and other underrepresented groups in the marketplace. The study also highlights universities’ role in the regional entrepreneurship ecosystem in promoting ACIs. It calls for policy and practices fostering minority entrepreneurship in ACIs, bringing artists to the core of entrepreneurship and development strategies in these communities.