an article by
Karen Maas (Erasmus University Rotterdam, the Netherlands) and Cecilia Grieco (LUMSA University, Rome Italy)
published in
Journal of Social Entrepreneurship
Volume 8 Issue 1 (2017)
Abstract
Social entrepreneurship (SE) is a beautiful and growing vehicle in society to tackle social problems in innovative ways. Unfortunately, existing research has failed to address to what extent SEs are truly living up to their promises. In result, surprisingly little is known about the actual success of SEs in creating social impact.
Even more elementary, it is hard to know whether SEs are measuring and monitoring their social impact. Using a worldwide sample of 3.194 SEs from the Global Entrepreneurship Monitor (GEM) data this study provides unique insights, as it represents the first global and harmonized assessment of the practice of impact measurement of SEs.
Findings show that about 33% of the SEs in the sample do measure their impact.
Furthermore, the results show a significant positive relation between economic mission, size and innovativeness of the SE and impact measurement.
The relation between social mission and impact measurement show a significant negative result. These results can be seen as a starting point in investigating the actual practice of SEs involvement in impact measurement and opens up interesting avenues for future research.
Showing posts with label impact_measurement. Show all posts
Showing posts with label impact_measurement. Show all posts
Saturday, 16 September 2017
Wednesday, 19 June 2013
Understanding the place based social value created by new-start social enterprises: evidence from ten rural UK communities
an article by Chris Dayson (Sheffield Hallam University) published in People, Place & Policy Online Volume 7 Issue 1 (2013)
Summary
Social enterprise, characterised by organisations enacting a hybrid mix of non-profit and for-profit characteristics, is increasingly regarded as an important component in the regeneration of areas affected by social and economic deprivation. In parallel there has been growing academic, practitioner and policy interest in “social value” and “social impact” within the broader “social economy”.
This paper engages with these debates through analysis of resident perceptions of the social value created by National Lottery funded new-start social enterprise projects in ten rural UK communities.
In particular it considers what can be learnt about the relationship between different approaches to social enterprise activity in rural contexts and the social value created for local people and communities.
Full text (PDF 16pp)
Summary
Social enterprise, characterised by organisations enacting a hybrid mix of non-profit and for-profit characteristics, is increasingly regarded as an important component in the regeneration of areas affected by social and economic deprivation. In parallel there has been growing academic, practitioner and policy interest in “social value” and “social impact” within the broader “social economy”.
This paper engages with these debates through analysis of resident perceptions of the social value created by National Lottery funded new-start social enterprise projects in ten rural UK communities.
In particular it considers what can be learnt about the relationship between different approaches to social enterprise activity in rural contexts and the social value created for local people and communities.
Full text (PDF 16pp)
Thursday, 29 November 2012
Enabling Social Innovation through Developmental Social Finance
an article by Sean Geobey, Frances R. Westley and Olaf Weber (University of Waterloo, Ontario, Canada) published in Journal of Social Entrepreneurship
Volume 3 Issue 2 (October 2012)
Abstract
This paper explores social finance as a strategy for generating social innovations and, at the same time, financial returns. It explores why risk assessment for social finance is so challenging and suggests three sources of difficulty: setting boundaries, integrating heterogeneous values, and responding with sufficient speed and flexibility to support innovation.
It suggests links between the seemingly distinct challenges of social finance being able to maximise its impact at different stages of the innovation process in a complex socio-ecological system, whilst also acting as a reframing agent in terms of the understanding of the system itself at other stages.
Finally, this paper develops a new concept ‘developmental impact investing’ as a modified version of a portfolio strategy that uses a range of projects both to manage risk and to generate new knowledge about the complex systems in which the social finance attempts to create impact and innovation.
Abstract
This paper explores social finance as a strategy for generating social innovations and, at the same time, financial returns. It explores why risk assessment for social finance is so challenging and suggests three sources of difficulty: setting boundaries, integrating heterogeneous values, and responding with sufficient speed and flexibility to support innovation.
It suggests links between the seemingly distinct challenges of social finance being able to maximise its impact at different stages of the innovation process in a complex socio-ecological system, whilst also acting as a reframing agent in terms of the understanding of the system itself at other stages.
Finally, this paper develops a new concept ‘developmental impact investing’ as a modified version of a portfolio strategy that uses a range of projects both to manage risk and to generate new knowledge about the complex systems in which the social finance attempts to create impact and innovation.
Subscribe to:
Posts (Atom)
