Nudging cultural goods: a step towards inclusive growth Online publication date: Fri, 06-Mar-2020
by Jisha Rajendran; Kavita Indapurkar
International Journal of Indian Culture and Business Management (IJICBM), Vol. 20, No. 2, 2020
Abstract: According to Nobel laureate Richard Thaler, humans are not perfectly rational, but often deviate from their goals. Interestingly, technological breakthroughs like smartphones were created and consumers were nudged in their direction, thus making them dependent on it eventually. Similarly, a need for cultural products should also be created in India because this industry employs 30% of the workforce. The researchers therefore propose that it can be tapped to attain inclusive growth in a sustainable manner. In this regard, the aim is to discuss the means of attaining inclusive growth for people of cultural industry of India by applying the notions of cultural economics. For this purpose, the paper sheds light on the concepts of inclusive growth and sustainable livelihood in developing economies like India with specific reference to the people involved in cultural industry and discuss the contribution of cultural industry to other industries.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Indian Culture and Business Management (IJICBM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook