Policy versus Philanthropy: Between Public and Private Funding of the Arts

The aim of this paper is to analyse the relations between arts and business in the international context. It centres on two topics: firstly, the impact of the public arts funding systems on private support and, secondly, the current transitions in the relationship between arts and business that lead to the development of new forms of cooperation. The first part of the article compares systems of arts funding in different countries, mostly in Europe and the USA. The second part focuses on the definition of ‘partnership’, that is, the new paradigm in arts and business relations and describes its manifestations in real life.