19 May 2011

Compendium for the Civic Economy

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Compendium for the Civic Economy
The Compendium for the Civic Economy is the latest publication by NESTA, the UK’s National Endowment for Science, Technology and the Arts (an independent body with a mission to make the UK more innovative). It showcases 25 trailblazing ideas that are transforming local places and economies across the UK.

Abstract

Against the context of rapid economic, social and environmental change, a collective reflection is taking place on how to build more sustainable routes to share prosperity. In the meantime, an increasing number and wide range of change-makers have already found ways to imagine and grow a different economy in our cities, towns, neighbourhoods and villages.

This publication presents 25 case studies of the civic economy – rooted in age-old traditions of the associational economy but using new organising tactics, ways of connecting with people and approaches to collaborative investment.

They show that the civic economy is already a real, vital and growing part of many places, which actively contributes to community resilience, everyday innovation and shared prosperity. They also reveal how local leaders – that is, all those working together to improve places and their economies, whether in the public, private or third sector – can create the fertile ground for the civic economy to flourish and grow. Most importantly, the remarkable achievements of these 25 trailblazers show why we need to get better at understanding and recognising the role of civic entrepreneurship and enable it to turn ideas into action and impact.

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