2. The effects of policy on local enterprises
The case study on the London Design Festival presented the union of local creative industry policy and a creative enterprise. The six month case study revealed an intricate relationship between local policy planning and a creative enterprise. The Festival benefits from annual funding from the London Development Agency. In return the Festival is expected to deliver on a number of pre-agreed local policy objectives. A clear policy and implementation link is now evident at the local level.
Some of the policy objectives met by the Festival in exchange for London Development Agency funding are very specific in nature. These specific local policy objectives are included in funding contracts. They are then part of an overall assessment a local enterprise must report back on to again qualify for more funding. This pattern of policy goals becoming more specific as they move down the chain to the local actor corresponds to the findings presented in the overall study. The larger study presented the case of policy objectives becoming increasingly specific in nature as they passed from the international, through Europe, to the national and finally to local authorities.