Abstract
The aim of this research is to investigate, evaluate, and give representation to some of the characteristics of the social, cultural, and economic values generated by the activities of cultural institutions, such as the Taormina Arte Foundation, which was established in Taormina in 1983, with the aim of promoting and organizing prestigious cultural initiatives. Every year, the Taormina Arte Foundation organizes the internationally recognized Taormina Film Fest that takes place at the Greek Ancient Theater of Taormina, which has a variety of dramatic impacts as a rich cultural event in the northeast Sicilian territory.
The impact of cultural and artistic value that is generated within a territory cannot be expressed purely by economic value, as there are others, such as the social, aesthetic, educational, and symbolic, each of which contributes to the overall value that is given by the institution or cultural experience.
Therefore, cultural organizations need tools to measure their performances in terms of social impact.
From a methodological point of view, this work is based on a case study approach and focuses on the Taormina Film Fest 2017, and, according to some epistemological assumption coming from the relevant work of Edmund Husserl, we apply the SROI methodology in order to evaluate and represent the impact on the territory.
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Catalfo, P., Giustra, M., Cardillo, A. (2021). Detecting the Social and Economic Impact of Cultural Initiatives: A Case Study of the Taormina Film Fest. In: Demartini, P., Marchegiani, L., Marchiori, M., Schiuma, G. (eds) Cultural Initiatives for Sustainable Development. Contributions to Management Science. Springer, Cham. https://doi.org/10.1007/978-3-030-65687-4_11
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