Date of Publication: Dec 18, 2014

Author: Colin J Macgregor & John Cary

Summary:

Social and human capital has received increasing interest during the last decade, partly because government organisations are encountering increasing demands for triple bottom line’s accounting. Despite this, the dimensional nature and indicators of social/human capital are not broadly understood. Indicators are often selected because they appear to have some link’s. Limited secondary data sources and constraining research time frames and budgets exacerbate the problem. The Social/Human Capital Rapid Appraisal Model (SCRAM) proposed in this paper is an attempt to address these issues. It contains all the elements and primary indicators of social/human capital and it suggests a range of Australian data sources from which secondary or proxy indicators may be developed. SCRAM cannot compare to rigorous research methods involving primary data but the method should ensure indicators are not selected ad hoc and that there are empirical links between them and social/human capital as a contributor to community strength.

Link to Full Reading:

https://www.tandfonline.com/doi/abs/10.5172/rsj.12.2.105