A Study of Social Impact Measurement, Management and Evaluation of “Dormant Deposit Utilization Scheme For Public Interest Activities by the Private Sector” from the Perspective of P2M Framework

Abstract

The “Dormant Deposit Utilization Scheme for Public Interest” which inaugurated in FY2019, is a newly introduced scheme that aims to solve social issues through private sector innovative initiatives, which are difficult for the government/public sector to address. It is characterized by the installation of “social impact measurement, management and evaluation (SIMME)” to capture short- and long-term outcomes generated, beyond short-term input/output. This paper analyzes and discusses the SIMME framework, suggesting a better program management of this scheme through a case study of the “Program of Supporting Social Business for Regional Revitalization” implemented by the Social Innovation and Investment Foundation (SIIF), with reference to P2M theory.