The Heritage Dividend Project (NP 236)

The key research question that this project seeks to address is 'to what extent can the successful regeneration of totemic places such as the Lace Market and Castlefield be legitimately attributed to an initial heritage investment'. The objectives of the research are: o To identify a set of case studies where investment in heritage is thought to have begun a process of successful regeneration and where a range of stakeholders can be contacted for evidence of the regeneration process o To undertake process tracing with Bayesian Updating in at least three of the identified places, ideally representing a diversity of circumstances and geographical locations within England o To consider the degree of certainty in each of the case studies that the success of the regeneration can be attributed to the initial heritage intervention o To provide upper and lower estimates of the long-term return on investment of the initial heritage intervention in the light of the analysis - the heritage dividend.