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Accessing Social Value from Profit-Oriented Public–Private Partnership

Hanna Kociemska

Journal of Social Entrepreneurship, 2023, vol. 14, issue 3, 370-389

Abstract: This study demonstrates how to access social value from profit-oriented public–private partnership. The author examines social impact bonds (SIBs) as a tool for financing public–private investments. Using the database of worldwide SIB-financed projects, this study develops an incentive-compatible mechanism of profit write-off for social purposes (e.g. medical services for uninsured constituencies). It presents the feasibility space of this mechanism given entrepreneur, institutional boundaries. The mechanism resurfaces public–private partnerships as a vehicle where profitability and social goals can be met.

Date: 2023
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DOI: 10.1080/19420676.2021.1966828

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