The Concepts of ‘Social Value Creation’ and ‘Social Value’

Archana Singh ()
Additional contact information
Archana Singh: Tata Institute of Social Sciences

Chapter Chapter 5 in The Process of Social Value Creation, 2016, pp 105-116 from Springer

Abstract: Abstract This chapter explores the concept of ‘social value’ from the perspectives of both social entrepreneurs and the beneficiaries. All social entrepreneurs see ‘social value creation’ in bringing social change or creating social impact (long term impact)/outcomes (immediate or short term impact), while addressing social problems/issues/needs. This social change or social impact/outcome includes a wide range of social impacts, starting from creating awareness, empowering beneficiaries, bringing about changes in behaviour, attitude, perception, norms and institutions, to create socio-economic benefits for the beneficiaries and impact their lives at the institutional, individual, community, state, national and in some cases, the international level. Social entrepreneurs create value not only for the poor and marginalised people, but also for the affluent sections of the society. Beneficiaries perceive ‘value’ in getting various kinds of benefits created by social entrepreneurs for them, and in various positive changes and impacts (direct and indirect) in their lives brought in because of these benefits. Chapter 4 provided a brief description of each case included in the study. This chapter would first present an understanding of ‘social value’ from the perspectives of both social entrepreneurs and beneficiaries.

Date: 2016
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-81-322-2827-1_5

Ordering information: This item can be ordered from
http://www.springer.com/9788132228271

DOI: 10.1007/978-81-322-2827-1_5

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().