Question

Economic Development Commission

Research the assigned organizations

Impact Case Studies

Introduction

When writing an impact case study, the ultimate aim is to demonstrate a clear link between research and impact. So before preparing a case study, it’s important to understand what research impact is. What is the meaning of the term? How can research impact practice beyond academia? What is the range of potential impacts (e.g., social, economic, cultural, environmental, and quality of life benefits)? What are the societal benefits beyond scientific knowledge? In a nutshell, when writing about the impact of your research you need to reflect on the ‘So what?’ question (so you did all this rigorous research, now ‘so what?’, in other words, ‘what impact did it make?”).

Defining research impact

Research Councils defines research impact as 'the demonstrable contribution that excellent research makes to society and the economy'.

Write A (2 plus page) essay on Economic Development Commission

Answer 1

Economic development commission’s main goal is to promote the regional’s growth, specific to a particular geographical area. It plays a very significant role in advising and planning of the relevant schemes and policies which need to be taken care specific to a particular state. It involves extensive research and forecasting to achieve that economical l goal. Understanding its impact on social and economical aspects can be tabulated below-

Financial stability- Economic development commission conducts need oriented surveys on timely manner which gathers a lot of vital information in identifying the weaker section of society for their further empowerment.

Fund allocation- Based on the fund availability, money and budget is allocated to the relevant department and group.

Offering free consultation- It can also offer free consultation to all the smaller financial institutions to ensure better co-ordination, which in turn help the farmers and other relevant earning class to improve their livelihood.

Apart from the above impacts, Economic development commission also acts as facilitator for multiple cross functional groups such as education, social schemes, and farming sectors etc.