Social Impact Investing for Marginalized Communities in Hong Kong: Cases and Issues

Wong, Michael; Yap, Richard Chin Yee

doi:10.3390/su11102831

Cited by 7 publications

(5 citation statements)

References 20 publications

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“…Social businesses, on the other hand, create economic value that ensures their financial feasibility, in addition to creating social value (Petrini et al, 2016). As such, they are equal in a single business: the company's social mission and its financial value (Wong and Yap, 2019). Petrini et al (2016) also address the business impact and the resulting social benefit.…”

Section: Theoretical Background 21 the Quadruple Helix And Companiesmentioning

confidence: 99%

“…The connection with society also happens with companies, through either their social responsibility or the business itself. Corporate social responsibility involves community activities or actions that improve the quality of life of the community, partners and the environment, in addition to committing to the well-being of employees and their families (Wong and Yap, 2019). Social businesses, on the other hand, create economic value that ensures their financial feasibility, in addition to creating social value (Petrini et al , 2016).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

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Business practices for strengthening the quadruple and quintuple helix: a study using structural equation modeling

Mineiro

Arantes

Vieira

et al. 2021

IJIS

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Purpose This study aims to analyze the practices and relationships of companies established in Science and Technology Parks (STPs) as drivers of the quadruple and quintuple helix (QQH) and the determinants for aligning with the future vision of STPs. Design/methodology/approach The authors conducted a survey of companies associated with consolidated STPs and used the Structural Equation Model technique to predict such relationships. Findings The results showed a positive relationship between the QQH and the Future Vision of STPs, in addition to the relevance of collectives as representatives of the quadruple helix (QH). Research limitations/implications Collectives are a recent phenomenon and require longitudinal studies on their performance in innovation environments. Practical implications Companies that are part of collectives are the actors of the QH. Social implications The role of collectives in aligning with the future vision of STPs should be considered. Collectives reflect people’s vision and can help STPs from being a closed environment and expand their performance, with a key role in connecting innovation environments. The authors found that collectives are promising in practices related to sustainability, thus contributing to STPs with their ability to mobilize the ecosystem. Originality/value The research emphasizes the role of companies as agents of QQH in innovation environments, strengthening the increasing and distinct role of collectives in their relationships with STPs.

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Section: Theoretical Background 21 the Quadruple Helix And Companiesmentioning

confidence: 99%

Section: Theoretical Backgroundmentioning

confidence: 99%

Business practices for strengthening the quadruple and quintuple helix: a study using structural equation modeling

Mineiro

Arantes

Vieira

et al. 2021

IJIS

View full text Add to dashboard Cite

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“…The primary focus of this study was the social impact investments of each of these contentions. Some people define long-term social impact investments as providing social welfare to those who are disadvantaged in a community [4]. Conventional public assistance enterprises are mostly financed by governments, foundation money, or philanthropists, but the value of such financial support is significantly lower than what a community needs to spend on conservative assets, which include specific and financial investments [4].…”

Section: Introductionmentioning

confidence: 99%

“…Some people define long-term social impact investments as providing social welfare to those who are disadvantaged in a community [4]. Conventional public assistance enterprises are mostly financed by governments, foundation money, or philanthropists, but the value of such financial support is significantly lower than what a community needs to spend on conservative assets, which include specific and financial investments [4]. Notwithstanding, in this study, we argue that social investment is necessary for general social development as well as human capacity building.…”

Section: Introductionmentioning

confidence: 99%

Value-Added Tax Revenue Transfers and Regional Social Development: Evidence from Nigeria

Omodero

2022

Sustainability

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The gross social underdevelopment in Nigerian communities and villages is the underlying reason for investigating the effectiveness of VAT revenue transfers to states and local governments in providing the necessary social and community development services to meet the needs of the entire populace. This study examined the impact of VAT revenue devolution on social development in Nigeria from 1995 to 2021, with a focus on community welfare, making use of secondary data retrieved from the Central Bank of Nigeria’s statistical archive. In analyzing the data, we used an ex post facto research design and a cross-sectional econometric approach. The study examined the relationship between variables and included a trend analysis, a causality evaluation, and a regression analysis to determine the impact of VAT transfer on social welfare in Nigeria. According to the findings, VAT transfer to states has a positive relationship with social development, and the effect is both significant and beneficial at the 0.01 level. Local governments’ share of VAT collection, on the other hand, has an intangible positive effect on social development at the 0.05 degree of importance. As a result, we concluded that VAT revenue autonomy is now required in Nigeria. The study strongly advocates for the total transfer of revenue receipts to states and local governments for the benefit of society.

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“…Devices supporting the mobility of the disabled and infirm increase their independence [1] and psychological comfort [2], bringing great benefits to the whole society [3,4]. One of the oldest and most commonly used means of supporting the mobility of disabled people are wheelchairs.…”

Section: Introductionmentioning

confidence: 99%

An Analytical Modelling of Demand for Driving Torque of a Wheelchair with Electromechanical Drive

et al. 2021

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This study aimed at analysing the influence of the position of the centre of gravity variability and the movement velocity on the demand for a torque and work time coverage of a wheelchair with an electromechanical drive. The variable parameter in the study was the configuration of the wheelchair, namely changes in the position of the batteries which changed the weight distribution. An analytical model describing the demand for torque was used in the analysis. The set of equations was introduced into the numerical calculation software. Simulations were carried out which allowed it to analyse selected parameters of the wheelchair dynamics. An increase in the torque demand was observed due to the increase in the mass of the system from 427.7 N to 533.1 N, ranging from 6.1% to 31.6% at the simulated velocity v7 = 4.2 m/s. The increase in the demand for torque due to the increase in velocity of the wheelchair from v2 = 1.05 m/s to v7 = 4.2 m/s ranged from 25.9% to 31.6% compared to the reference velocity v1 = 0.525 m/s. The centre of gravity of the wheelchair structure localization has a non-linear impact on the analysed values. At the same time, it was not possible to define its nature—this issue remains open and requires further research.

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Social Impact Investing for Marginalized Communities in Hong Kong: Cases and Issues

Cited by 7 publications

References 20 publications

Business practices for strengthening the quadruple and quintuple helix: a study using structural equation modeling

Business practices for strengthening the quadruple and quintuple helix: a study using structural equation modeling

Value-Added Tax Revenue Transfers and Regional Social Development: Evidence from Nigeria

An Analytical Modelling of Demand for Driving Torque of a Wheelchair with Electromechanical Drive

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