Dear all, Please find attached a modified version. I changed the third aim (value creation) and added the fact that we know nothing about shareholder value creation in the creative industry. So it would be essential to improve our theoretical understanding. If we (and investors) don't understand how firms create value, they will be reluctant to provide equity or debt finance. In particular, SMEs struggle to get access to finance. Of course, considering a broader definition of value is essential too. Best wishes, Gerhard Dr Gerhard Kling Senior Lecturer in Finance School of Management University of Southampton Highfield Southampton SO17 1BJ United Kingdom Phone: 023-8059-5427 ________________________________________ From: [email protected] [[email protected]] On Behalf Of Cubitt S.R. [[email protected]] Sent: 06 September 2011 17:44 To: Group working in the Centre for Copyright and New Business Models in the Creative Economy Cc: Taylor C.; Ed Steinmueller; Caroline Bassett; Kirk Woolford; Amelia Wakeford Subject: [Centre] Centre:new draft Here's the new version, incorporating everything I could from wiki and mails and comments; and removing all previous comments and track changes - you may have to turn track changes back on to make your comments. The word counts require very sharp writing: not too much detail, not too much abstraction. I welcome all suggestions, but we must get this signed on Thursday morning to be sent in officially. The paragraph on "strategy for how to bring stakeholders in to the research process" at the end of the Partnership section is of special interest: it is an amalgam of a conversation I once had with the late Bill Mitchell on how MIT Media Lab was funded mixed in with an outsider view of how Ubuntu make a living from Linux. This I would especially thank you for help with. The section on strategic fit is one hundred words over, mainly because when I'd accommodated all suggestions, I realised we hadn't done the required bit on pubic communications. I will cut to size after I get your reactions The most heavily worked section as you'd expect is the first, Demonstration of Need. I have tried to be more diplomatic, without sacrificing the vision, and in a very tight word-budget. We have about 15 words to play with here In Funding and Legacy, we are near complete figures. These will have to be digested into the 500 word limit. In the meantime I have included the draft of the required paragraph on 'potential for a sustainable legacy' Your comments here also appreciated Thanks so much for the process so far: even if we don't nail this one, it is a great, collegial process. Sean PS Franco: if not on already, could you add the names in the cc list to the Group mail? Grazie tanto.