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Using of Social Return on Investment Index-SROI as Tool of Responsible Research and Innovation. Colombian University Case

Author

Listed:
  • Diego Andrés Vélez Rivera

    (Universidad Católica de Oriente)

  • Yeny Paola Duque Castaño

    (Universidad Católica de Oriente)

  • María Luisa Villalba Morales

    (Universidad Nacional de Colombia)

  • Catherine Torres Arboleda

    (Universidad Católica de Oriente)

  • Ana María Gil Henao

    (Universidad Católica de Oriente)

  • María Isabel Arango Valencia

    (Universidad Católica de Oriente)

  • Diego Andrés Aguirre Cardona

    (Universidad Católica de Oriente)

Abstract

Universities currently face the imperative of showcasing their social and environmental practices and research to the community. Hence, this case study aims to assess the social and environmental impacts arising from organic waste composting practices within the university, employing the SROI methodology. This research adopts a mixed-method approach, utilizing proxy variables and both primary and secondary sources. Through these inputs, a characterization of the involved stakeholders was conducted, alongside mapping the project's inputs and outputs. The findings underscore the positive impacts of composting on waste reduction, the effective implementation of Industry 4.0 technology (IoT), and the significance of the SROI indicator in quantifying the value generated concerning university investment. Such endeavors are integral to investigative processes aligned with the principles of responsible research and innovation (RRI).

Suggested Citation

  • Diego Andrés Vélez Rivera & Yeny Paola Duque Castaño & María Luisa Villalba Morales & Catherine Torres Arboleda & Ana María Gil Henao & María Isabel Arango Valencia & Diego Andrés Aguirre Cardona, 2025. "Using of Social Return on Investment Index-SROI as Tool of Responsible Research and Innovation. Colombian University Case," Springer Proceedings in Business and Economics,, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-72490-9_16
    DOI: 10.1007/978-3-031-72490-9_16
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