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What is the value of the arts and humanities today? This question points to a long and extensively discussed dilemma. Eleonora Belfiore and Anna Upchurch have compiled a collection of original essays that offer a novel approach to tackling this difficult question. These contributions offer examples that show that, rather than relying on the narrowly utilitarian notion of 'research impact' that has developed within current educational policies and debates, it may be more appropriate to look at the ways in which arts and humanities research is already engaged in collaborative endeavours, both within academia and beyond, in order to address the big ethical, political, technological and environmental challenges of contemporary life. The contributors are scholars from diverse backgrounds, cultural and business professionals as well as policy makers from both the UK and the US. The wealth and diversity of perspectives and experiences they bring to the consideration of the place and role of the arts and humanities in contemporary society allows for a refreshed debate that does not rely on simplistic and questionable notions of socio-economic impact as a proxy for value.