October 07th 2016

MCI study about the economic value of clubs and societies

Student team conducts empirical study to examine the quantitative and qualitative value of Tyrolean clubs and societies

On behalf of the association Tiroler Zeltfestkultur based in Telfs, and in cooperation with the Tiroler Versicherung insurance company, a team of five students in the Bachelor degree program Management & Law, including Julia Peer, Denise Plank, Anna-Lena Pfister, Tamara Portenkirchner, and Hannah Raslan, have collected facts and figures about the economic value of Tyrolean clubs and societies.

The value of voluntary work hours annually rendered in Tyrol amounts to an impressive sum of 1.26 billion euros. On average, the net worth of an individual functionary’s voluntary service, e.g. as chairperson or treasurer, is 3,172.50 euros. This amount corresponds to two average monthly net salaries in Tyrol or, for instance, a three-week luxury cruise from San Francisco via Hawaii and the South Pacific to Sydney.

The data was collected by means of a questionnaire completed by 577 functionaries and club members in Tyrol. In addition, relevant information was gathered in in-depth interviews with official club representatives and within the framework of a focus group workshop discussing the scenario of what Tyrol would look like without clubs.

The project’s supervisor MCI Professor Johannes Dickel, PhD, proudly states: “The results of the study are very impressive. In fact, the quality of the output and the effort students put into it far exceeded the requirements of a practical project in the fourth semester. I congratulate the students on their exceptional achievement. Furthermore, I would like to thank Tiroler Zeltfestkultur as well as Tiroler Versicherung, who regularly provide students of the Entrepreneurial School® with the opportunity to put their knowledge and skills to practice in interesting projects on topical and relevant issues.”

During a one-hour press conference on October 6, 2016, at the Tiroler Versicherung headquarters in Innsbruck, Julia Peer and Anna-Lena Pfister first presented the results of the MCI study to the public.

Tiroler Versicherung Press Release

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