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Assessing societal relevance from a regional development agency perspective : using a design research method

Raben, H.H. (2021) Assessing societal relevance from a regional development agency perspective : using a design research method.

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Abstract:In the last decades researchers, companies, investors and governments have increasingly acknowledged that companies can create both financial- and societal value. Governments recognize the need for more collaboration between the private- and the public sector to solve the societal challenges we are facing today. Although the societal intentions are promising, attention should be paid to the measurability and assessment of these societal intentions. Governments, investors, companies and the academic field acknowledge the challenges in measuring and assessing the societal relevance of companies and projects in determining their societal significance. There is need of practical frameworks based on solution oriented research using small data. The goal of this research is developing a tool to assess the societal relevance of a company’s project ex-ante in determining to (financially) support it for the regional development agency called Oost NL, in specific the Start and Growth Program (SGP) which is focussed on start-ups and SMEs. Hereby using a Design Research method adopting a triangulation approach including interviews, databases and literature. By combining an Impact Investing perspective with the Theory of Change an ex-ante assessment tool is developed that supports in making a systematic assessment of societal relevance based on hard underlying criteria.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:http://purl.utwente.nl/essays/85524
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