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Millennium Foundation sponsors of the first study on Portuguese cultural Heritage...


Survey Cultural Heritage in Portugal: assessment of social and economic value

An unprecedented partnership between a private company, Spira, a university, Nova School of Business and Economics, and a patron, Millennium bcp Foundation, has produced a ground-breaking, comprehensive, and credible portrait of Portugal's cultural heritage and its potential in terms of income generation and job creation.

The study combines a qualitative and quantitative approach, on a nationwide basis, to detail this resource's economic and social potential and its contribution for the country's development. The study aims to thoroughly describe the geographical distribution of the Portuguese heritage, matching it with the country's social, economic and demographic features, on a municipality level.

"The cultural heritage built in Portugal, being a cultural value in itself, also has an economic value that in many cases is far from being fully completed. This study aims to identify this value in a perspective that promotes, among other aspects, the assessment of its potential contribution to the regional development and thereby to promote a more homogenous growth of our country. Had other reasons not existed, this would already be enough to justify the Millennium bcp Foundation patronage to its accomplishment," said Fernando Nogueira, President of the Millennium Foundation.

 

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