The Social Return on Investment of Young Scientist Competition (YSC): Thailand Case Study

Author(s):  
Jintana Pattanatornchai ◽  
Sinrintorn Insawat ◽  
Panita Lamsam
SAGE Open ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 215824402098873
Author(s):  
Antonio Ariza-Montes ◽  
Antonio Sianes ◽  
Vicente Fernández-Rodríguez ◽  
Carmen López-Martín ◽  
Mercedes Ruíz-Lozano ◽  
...  

This article contributes to the debate on the social and economic impacts generated by tourism activities using a methodology that is still insufficiently explored in the field of tourism and the impacts that this causes: social return on investment (SROI). Using the analysis of a case as a guiding thread, this article shows how the application of this methodology allows one to know in depth the social value that an emblematic palace (one of the main tourist attractions of a city in the south of Spain that was designated as a United Nations Educational, Scientific, and Cultural Organization [UNESCO] World Heritage Site) brings, the changes experienced by the interest groups that interact with it, and the theory of change that promotes the very existence of the palace. Its results and conclusions can also inform policies and strategies of these other actors related to the intervention.


2019 ◽  
Vol 15 (3) ◽  
pp. 320-338
Author(s):  
Kai Roland Green

Purpose Mechanisms that measure the social impact of work integration social enterprises (WISEs) activate a dialogue between the language and principles of economics and the lived-reality of marginalised groups. This paper aims to critically strengthen social impact measurement as a process by ascertaining epistemic gaps in the methodology of a dominant measure, based on an exploratory case study of a social enterprise supporting immigrant women in Sweden. Design/methodology/approach The author undertook participant observation and informal interviews with managers at Yalla Trappan – a women’s cooperative social enterprise in Malmö, Sweden – for the integration of long-term unemployed, immigrant women into the labour market. Through an interpretivist framework, themes of “social sustainability” and “feminist economics” formed a theoretical inquiry for data collection within the organisation and resulting in a critical discussion of the social return on investment (SROI) method. Findings The case study of women’s cooperative social enterprise is seen to challenge some systemic assumptions made by the SROI metric through its validation of knowledges and economic principles which are congruent with feminist epistemologies. The relationship between social and work life is re-configured by the organisation for the specific features of its beneficiary group (in which gender is a determining factor), with implications for intergenerational cohesion, past trauma resolution and positive postpartum practices that present challenges to a SROI measurement process. Originality/value This study applies a distinctive disciplinary understanding of feminist economics and epistemologies onto the relatively new field of social sustainability and innovation, illustrating its critique through the impact on practical steps that may be taken in the process of a dominant social impact measure (SROI).


2016 ◽  
Vol 103 ◽  
pp. 289-301 ◽  
Author(s):  
Kelly J. Watson ◽  
James Evans ◽  
Andrew Karvonen ◽  
Tim Whitley

2021 ◽  
Vol 11 (2) ◽  
pp. 203-212
Author(s):  
Nurhazana Nurhazana ◽  
Muhammad Luthfi iznillah ◽  
Sahat Roy Pianto

The purpose of this study is to see the impact of the CSR program of PT Pertamina RU II Sei Pakning through the analysis of Social Return on Investment and sensitivity. This research is descriptive quantitative by utilizing primary and secondary data. Primary data consists of data obtained from processing observational data and secondary data obtained from various literature sources. Based on the results of the SROI calculations for the four programs, it can be concluded that the social investment made for each program is feasible because all programs have a positive SROI score (more than 1) during the program implementation plan. In accordance with the results of the SROI calculation analysis, four programs from PT Pertamina RU II Sungai Pakning have generated benefits that are greater than the program costs. However, there are still opportunities to increase and expand the scope of benefits from the four programs.


2020 ◽  
Vol 2 (2) ◽  
pp. 15-22
Author(s):  
Veronica Sri Astuti

This study aims to determine the impact / benefits of the CSR Mikrohydro program by PT. PJB UP Paiton in Andungbiru Village, Probolinggo Regency. This can be seen by using the Social Return On Investment (SROI) analysis. Andungbiru Village is a village that is located very remote and is a mountainous area, where the electricity infrastructure is from very minimal even almost unusable. CSR Mikrohydro by PT. PJB UP Paiton helps the people of Andungbiru Village by reactivating the PLTMH (Micro Hydro Power Plant) which once existed during the Dutch colonial era. SROI analysis shows that CSR Mikrohydro by PT. PJB UP Paiton in Andungbiru Village has succeeded in providing benefits and empowering the Andungbiru Village community economically and socially, as well as maintaining environmental sustainability. Keywords: Social Return On Investment; CSR


2019 ◽  
Vol 29 (Supplement_4) ◽  
Author(s):  
A Stielke ◽  
M Dyakova ◽  
K Ashton ◽  
T van Dam

Abstract Background Health literacy (HL) allows people to make informed decisions regarding their health, enabling them to understand health promotion activities and to self-manage their disease or complication without requiring support from healthcare services. HL has the potential to support sustainability in health systems by decreasing healthcare spendings stemming from lowered disease occurrence and progression, it can also impact on the rest of peoples’ lives and their surroundings by allowing them to be more independent. This study researched the evidence for return on investment and the social return on investment for health literacy interventions within the WHO EURO region. Methods A narrative literature review on published peer-reviewed reviews and grey literature was conducted by use of keywords and MeSH terms. Google, Google Scholar and PubMed were used find literature. The search on PubMed was restricted to reviews, published within the last 10 years (2009-2019), in English. Results In total, 450 publications were screened 12 publications that analysed the economic or social aspect of HL interventions were identified. Five discussed the cost-effectiveness of health literacy, three the return on investment (ROI) and the remaining three the social return on investment (SROI) of HL. Types of HL interventions ranged from health promotion campaigns, web-based HL programs, prevention systems to education-based interventions. Cost-effectiveness differed between studies and fields. Evidence for ROI was found, the return ratios ranged from 0.62 to 27.4. Findings show SROI between 4.41 and 7.25, indicating additional value of social benefit next to improved health. Conclusions A link between cost-effectiveness and HL interventions was established and ROI and SROI showed positive ratios. Further research is required in order to investigate whether HL interventions consistently achieve a positive returns. Key messages A link between health literacy interventions and positive investment returns has been established. Health literacy interventions show potential for sustainable development of health systems.


2020 ◽  
Vol 12 (7) ◽  
pp. 2657 ◽  
Author(s):  
Paul Courtney ◽  
John Powell

The quest for innovation lies at the heart of European rural development policy and is integral to the Europe 2020 strategy. While social innovation has become a cornerstone of increased competitiveness and the rural situation legitimizes public intervention to encourage innovation, the challenges of its effective evaluation are compounded by the higher ‘failure’ rate implied by many traditional performance measures. Social Return on Investment (SROI) is employed to assess the social innovation outcomes arising from implementation of Axes 1 and 3 of the 2007-13 Rural Development Programme for England (RDPE). Analysis of primary data gathered through structured face-to-face interviews from a weighted sample of 196 beneficiaries reveal that social innovation outcomes generate a total of £170.02 million of benefits from Axis 1 support measures, compared to £238.1 million of benefits generated from innovation outcomes from Axis 3 measures. Benefits are generated through four social innovation outcome categories: individual, operational, relational, and system; and range from changes in attitudes and behaviour to institutional change and new ways of structuring social relations. The paper calls for more comprehensive evaluation approaches that can capture, and value, the multiple benefits arising from social innovation, and further bespoke applications of SROI to help develop and legitimise innovation indicators that will enable stronger linkages back into the policy process.


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