MD049: What will makerspace development do for GDP?

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measuring-impactIt’s only natural to ask how best to measure the impact of makerspace development on the region.

The traditional answer to the question how do you determine the impact of makerspace development would be to look at the changes to Gross Domestic Product (GDP).

However, GDP doesn’t measure the impact of creativity on the economy. It doesn’t encourage experimentation or the maximization of creative energy.

A better way to measure the impact of makerspaces is to look at the number of small and micro-businesses that are created over time.

Zachary Alexander

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