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Social Impact Assessment: Measurability and Data Management

In: Contemporary Issues in Sustainable Finance

Author

Listed:
  • Luigi Corvo

    (University of Rome “Tor Vergata”)

  • Lavinia Pastore

    (University of Rome “Tor Vergata”)

Abstract

The growing interest in the issues of sustainability and social innovation opens new opportunities to explore the great potential of technological innovation in favour of social and environmental impact objectives. However, the scientific community dealing with these issues is facing new challenges to make the achieved results measurable. This research aims to verify the possibility of overcoming the limit of measurability of social impact by integrating social innovation and digital innovation. More specifically, gathering the social impact measurement data and applying business intelligence methods to construct a data warehouse containing a benchmark on the impact chain (Clark at.al 2004). The results show a great potential of information that can be generated by digital technologies to make social innovation processes more measurable, reliable and scalable.

Suggested Citation

  • Luigi Corvo & Lavinia Pastore, 2021. "Social Impact Assessment: Measurability and Data Management," Palgrave Studies in Impact Finance, in: Mario La Torre & Helen Chiappini (ed.), Contemporary Issues in Sustainable Finance, edition 1, chapter 0, pages 247-262, Palgrave Macmillan.
    • Handle: RePEc:pal:psifcp:978-3-030-65133-6_10
    DOI: 10.1007/978-3-030-65133-6_10
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