Cultural Heritage and Its Impact on Territorial Development

Abstract

Within the cultural sector, cultural heritage presents a series of interesting features for the territorial development of the local and regional Economy. This sector presents a prevalence of wage employment and a larger size of business establishments than the rest of the services sector. While small companies and micro-companies predominate in the services sector with 99,4% in 2019, for companies related to cultural heritage, the weight of companies with less than 50 employees does not reach 97.3% for this year. Also, it is essential to highlight the legacy value that makes cultural heritage endure over time for future generations to enjoy it; it also creates awareness and territorial roots of the populations, and, finally, is a fundamental asset for tourism and branding of the territories.