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Leveraging Social Impact with Social Return on Investment Methodology

Author

Listed:
  • 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)

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.

Suggested Citation

  • Giuseppe Empoli & Florin Rata & Cristina-Claudia Patriche, 2023. "Leveraging Social Impact with Social Return on Investment Methodology," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 228-244.
    • Handle: RePEc:ddj:fserec:y:2023:p:228-244
    DOI: https://doi.org/10.35219/rce20670532165
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    References listed on IDEAS

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    1. Layard,Richard & Glaister,Stephen (ed.), 1994. "Cost-Benefit Analysis," Cambridge Books, Cambridge University Press, number 9780521466745, October.
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