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Scientific paper - Preliminary note / Short communication
FINANCING THE THEATRE: THE ROLE OF MANAGEMENT AND THE STATE
Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, 29 (2016), 1; 125-142. urn:nbn:hr:145:794592
Bestvina Bukvić, Ivana; Mihaljević, Marija; Tokić, Ivana

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Bestvina Bukvić, I., Mihaljević, M. & Tokić, I. (2016). FINANCING THE THEATRE: THE ROLE OF MANAGEMENT AND THE STATE. Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, 29. (1), 125-142. Retrieved from https://urn.nsk.hr/urn:nbn:hr:145:794592

Bestvina Bukvić, Ivana, et al. "FINANCING THE THEATRE: THE ROLE OF MANAGEMENT AND THE STATE." Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, vol. 29, no. 1, 2016, pp. 125-142. https://urn.nsk.hr/urn:nbn:hr:145:794592

Bestvina Bukvić, Ivana, Marija Mihaljević and Ivana Tokić. "FINANCING THE THEATRE: THE ROLE OF MANAGEMENT AND THE STATE." Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues 29, no. 1 (2016): 125-142. https://urn.nsk.hr/urn:nbn:hr:145:794592

Bestvina Bukvić, I., Mihaljević, M. and Tokić, I. (2016) 'FINANCING THE THEATRE: THE ROLE OF MANAGEMENT AND THE STATE', Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, 29(1), pp. 125-142. Available at: https://urn.nsk.hr/urn:nbn:hr:145:794592 (Accessed 10 December 2024)

Bestvina Bukvić I, Mihaljević M, Tokić I. FINANCING THE THEATRE: THE ROLE OF MANAGEMENT AND THE STATE. Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues [Internet]. 2016 June 30 [cited 2024 December 10];29(1):125-142. Available at: https://urn.nsk.hr/urn:nbn:hr:145:794592

I. Bestvina Bukvić, M. Mihaljević and I. Tokić, "FINANCING THE THEATRE: THE ROLE OF MANAGEMENT AND THE STATE", Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, vol. 29, no. 1, pp. 125-142, June 2016. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:145:794592. [Accessed: 10 December 2024]

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Metadata
Title (english)FINANCING THE THEATRE: THE ROLE OF MANAGEMENT AND THE STATE
AuthorIvana Bestvina Bukvić
AuthorMarija Mihaljević
AuthorIvana Tokić
Author's institutionJosip Juraj Strossmayer University of Osijek
Departement of Culturology
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
At a time when public funding of culture is being reduced and increasing attention is being paid to profitability, it is essential to apply an entrepreneurial mindset and management principles to the guidance and the financing of cultural institutions. This paper focuses on the theatre funding scheme and presents a survey analysing the structure of funding theatres in Croatia by weighting budgetary and commercial funding, as well as analyses possible measures to be implemented in order to improve the theatre funding model. A survey was conducted in 2015, which found that public theatres are predominantly funded by budgetary resources (62.14%), while the most important part of the revenue and income section of private theatres originates from selling their own products and services (43.99%). Theatres believe that budgetary resources still need to remain the dominant sources of funding, but in order to increase the level of operational excellence, a change of direction would be necessary towards one’s own resources, including donations and sponsorships. At the same time, better solutions in terms of increasing tax incentives and tax deductions for both donations and sponsorships would result in an increase in their importance in the financing of theatres. The impact of state action on the funding and operation of theatres is unquestionable, but in theatres there is a need for developing a working knowledge in the fields of management and entrepreneurship in order to gradually reduce dependence, particularly of public theatres, on state action. 
Keywords (english)
Languageenglish
Publication typeScientific paper - Preliminary note / Short communication
Publication statusPublished
Peer reviewPeer review - international
Publication versionPublished version
Journal titleEkonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues
Numberingvol. 29, no. 1, pp. 125-142
p-ISSN0353-359X
e-ISSN1847-2206
URN:NBNurn:nbn:hr:145:794592
Publication2016-06-30
Document URLhttp://hrcak.srce.hr/161038
Type of resourceText
Access conditionsOpen access
Terms of useLicence Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) icon
Created on2017-02-17 08:36:25