Leveraging Social Impact with Social Return on Investment Methodology

Giuseppe Empoli, Florin Rata and Cristina-Claudia Patriche
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Giuseppe Empoli: University of Foggia, Italy
Florin Rata: Dunarea de Jos University of Galati, Romania
Cristina-Claudia Patriche: Dunarea de Jos University of Galati, Romania

Risk in Contemporary Economy, 2023, 228-244

Abstract: The paper presents a concrete application summary of SROI analysis models, the values of which are taken and proposed as an indicator of sustainability of Innovative Start-ups with a Social Vocation. Sensitivity to associative forms inspired by community needs are a growing trend over the last 20 years. At this particular moment in history, there is a macro-trend and a proliferation of social economy enterprises. Accompanied by the increasing attention to these "Bottom-up" forms of enterprise, often originating from the very Community in which they are intended to operate and, in essence, the increase in economic-financial support tools for Social Innovation initiatives, it becomes important to be able to assess their actual socio-economic impact. It is a matter of being able to put a value on the outcomes (services and products for the territory and the Community), a value to which indices of sustainability and scalability can be traced.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2023:p:228-244

DOI: 10.35219/rce20670532165

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