scholarly journals Evaluating Innovation in European Rural Development Programmes: Application of the Social Return on Investment (SROI) Method

2020 ◽  
Vol 12 (7) ◽  
pp. 2657 ◽  
Author(s):  
Paul Courtney ◽  
John Powell
Keyword(s):  
Rural Development ◽  
Social Relations ◽  
Return On Investment ◽  
Social Innovation ◽  
Primary Data ◽  
Public Intervention ◽  
Rural Development Programme ◽  
Social Return On Investment ◽  
The Social ◽  
Innovation Outcomes

The quest for innovation lies at the heart of European rural development policy and is integral to the Europe 2020 strategy. While social innovation has become a cornerstone of increased competitiveness and the rural situation legitimizes public intervention to encourage innovation, the challenges of its effective evaluation are compounded by the higher ‘failure’ rate implied by many traditional performance measures. Social Return on Investment (SROI) is employed to assess the social innovation outcomes arising from implementation of Axes 1 and 3 of the 2007-13 Rural Development Programme for England (RDPE). Analysis of primary data gathered through structured face-to-face interviews from a weighted sample of 196 beneficiaries reveal that social innovation outcomes generate a total of £170.02 million of benefits from Axis 1 support measures, compared to £238.1 million of benefits generated from innovation outcomes from Axis 3 measures. Benefits are generated through four social innovation outcome categories: individual, operational, relational, and system; and range from changes in attitudes and behaviour to institutional change and new ways of structuring social relations. The paper calls for more comprehensive evaluation approaches that can capture, and value, the multiple benefits arising from social innovation, and further bespoke applications of SROI to help develop and legitimise innovation indicators that will enable stronger linkages back into the policy process.

Dampak Program CSR Binaan PT Pertamina RU II Sungai Pakning: Analisis Social Return on Investment (SROI) dan Sensitivitas

2021 ◽  
Vol 11 (2) ◽  
pp. 203-212
Author(s):  
Nurhazana Nurhazana ◽  
Muhammad Luthfi iznillah ◽  
Sahat Roy Pianto
Keyword(s):  
Program Implementation ◽  
Return On Investment ◽  
Secondary Data ◽  
Primary Data ◽  
Social Investment ◽  
Social Return On Investment ◽  
The Social ◽  
Program Costs ◽  
The Impact ◽  
Calculation Analysis

The purpose of this study is to see the impact of the CSR program of PT Pertamina RU II Sei Pakning through the analysis of Social Return on Investment and sensitivity. This research is descriptive quantitative by utilizing primary and secondary data. Primary data consists of data obtained from processing observational data and secondary data obtained from various literature sources. Based on the results of the SROI calculations for the four programs, it can be concluded that the social investment made for each program is feasible because all programs have a positive SROI score (more than 1) during the program implementation plan. In accordance with the results of the SROI calculation analysis, four programs from PT Pertamina RU II Sungai Pakning have generated benefits that are greater than the program costs. However, there are still opportunities to increase and expand the scope of benefits from the four programs.

scholarly journals Analysis of Social Return On Investment (SROI) To Measure The Social, Environment, And Economics Impact On The National Fattening Sheep Program (Studi At Pesantren Al-Ittifaq)

2019 ◽  
Vol 2 (2) ◽  
pp. 33-42
Author(s):  
Khairunnisa Khairunnisa ◽  
Ayu Bianti Pribadi ◽  
Fajar Sidiq Adi Prabowo
Keyword(s):  
Return On Investment ◽  
Social Impact ◽  
Social Innovation ◽  
Social Problem Solving ◽  
Social Entrepreneur ◽  
Social Return On Investment ◽  
The Social ◽  
Management Guidance ◽  
Small Medium Enterprises ◽  
Medium Enterprises

PT Sarana Jabar Venture (SJV) is the first regional venture capital company in Indonesia, which was established with the aim to foster small entrepreneurs through financing and management guidance. The financing of cooperation implemented on the basis of the principle of mutual strengthening, mutual need and mutual benefit. In addition to financing for small medium enterprises, SJV currently is running a program that is carried by the Medco Foundation IE is a Program of the national Sheep Fattening (Prodombas) and empower the Pesantren to carry the people's economy, one of which is Pesantren Al-Ittifaq. PT Sarana Jabar Ventura viewed from its objective, may be classified as Social Entrepreneur that describes all the economic program that serves the social and mission or mission environment and invested most of the anniversary surplusnya in support of its mission, provide social innovation how to solve social problems by creating breakthrough social problem solving with the advent of Prodombas. So, produce an effect known as social impact as the effects of what organizations are doing or action against social welfare organization. One of the tools for measuring the social impact is by using Social Return on Investment (SROI) the New Economics Foundation (NEF, 2008). This research has the end result of the ratio between the number of comparisons with a benefit that is formed with a given amount of investment, with the result that means 1.05:1 each Rp. 1 invested, yielding the value of social benefits in the form of Rp. 1.05 felt by program participants in Pesantren Al-ittifaq. Because the ratio of 1:1 which is the conditions exceeds successful SROI, then PT Sarana Jabar Ventura as an investor has successfully acted as agents of social reformers because it has given the social impact that bring benefit for participants in Pesantren Al-Ittifaq.

scholarly journals Capturing the social value of buildings: The promise of Social Return on Investment (SROI)

2016 ◽  
Vol 103 ◽  
pp. 289-301 ◽  
Author(s):  
Kelly J. Watson ◽  
James Evans ◽  
Andrew Karvonen ◽  
Tim Whitley
Keyword(s):  
Return On Investment ◽  
Social Value ◽  
Social Return On Investment ◽  
The Social

ANALISIS SROI (SOCIAL RETURN ON INVESTMENT) DALAM MENGUKUR KEBERHASILAN PROGRAM CSR MIKROHYDRO OLEH PT. PJB UP PAITON DI DESA ANDUNGBIRU, KABUPATEN PROBOLINGGO

2020 ◽  
Vol 2 (2) ◽  
pp. 15-22
Author(s):  
Veronica Sri Astuti
Keyword(s):  
Environmental Sustainability ◽  
Return On Investment ◽  
Mountainous Area ◽  
Hydro Power ◽  
Colonial Era ◽  
Social Return On Investment ◽  
The People ◽  
The Social ◽  
The Impact ◽  
Electricity Infrastructure

This study aims to determine the impact / benefits of the CSR Mikrohydro program by PT. PJB UP Paiton in Andungbiru Village, Probolinggo Regency. This can be seen by using the Social Return On Investment (SROI) analysis. Andungbiru Village is a village that is located very remote and is a mountainous area, where the electricity infrastructure is from very minimal even almost unusable. CSR Mikrohydro by PT. PJB UP Paiton helps the people of Andungbiru Village by reactivating the PLTMH (Micro Hydro Power Plant) which once existed during the Dutch colonial era. SROI analysis shows that CSR Mikrohydro by PT. PJB UP Paiton in Andungbiru Village has succeeded in providing benefits and empowering the Andungbiru Village community economically and socially, as well as maintaining environmental sustainability. Keywords: Social Return On Investment; CSR

scholarly journals The social and economic benefit of health literacy interventions in the WHO EURO region

2019 ◽  
Vol 29 (Supplement_4) ◽  
Author(s):  
A Stielke ◽  
M Dyakova ◽  
K Ashton ◽  
T van Dam
Keyword(s):  
Health Promotion ◽  
Cost Effectiveness ◽  
Health Literacy ◽  
Health Systems ◽  
Return On Investment ◽  
Grey Literature ◽  
Literacy Interventions ◽  
Social Return On Investment ◽  
Mesh Terms ◽  
The Social

Abstract Background Health literacy (HL) allows people to make informed decisions regarding their health, enabling them to understand health promotion activities and to self-manage their disease or complication without requiring support from healthcare services. HL has the potential to support sustainability in health systems by decreasing healthcare spendings stemming from lowered disease occurrence and progression, it can also impact on the rest of peoples’ lives and their surroundings by allowing them to be more independent. This study researched the evidence for return on investment and the social return on investment for health literacy interventions within the WHO EURO region. Methods A narrative literature review on published peer-reviewed reviews and grey literature was conducted by use of keywords and MeSH terms. Google, Google Scholar and PubMed were used find literature. The search on PubMed was restricted to reviews, published within the last 10 years (2009-2019), in English. Results In total, 450 publications were screened 12 publications that analysed the economic or social aspect of HL interventions were identified. Five discussed the cost-effectiveness of health literacy, three the return on investment (ROI) and the remaining three the social return on investment (SROI) of HL. Types of HL interventions ranged from health promotion campaigns, web-based HL programs, prevention systems to education-based interventions. Cost-effectiveness differed between studies and fields. Evidence for ROI was found, the return ratios ranged from 0.62 to 27.4. Findings show SROI between 4.41 and 7.25, indicating additional value of social benefit next to improved health. Conclusions A link between cost-effectiveness and HL interventions was established and ROI and SROI showed positive ratios. Further research is required in order to investigate whether HL interventions consistently achieve a positive returns. Key messages A link between health literacy interventions and positive investment returns has been established. Health literacy interventions show potential for sustainable development of health systems.

Governing local social innovations against poverty across Europe

2019 ◽  
pp. 1-18
Author(s):  
Stijn Oosterlynck ◽  
Yuri Kazepov ◽  
Andreas Novy
Keyword(s):  
Social Relations ◽  
Social Innovation ◽  
Case Study Research ◽  
Social Needs ◽  
Comparative Case Study ◽  
Innovation Dynamics ◽  
The Social ◽  
Full Participation ◽  
Core Concepts

In this introductory chapter, we present our understanding of the core concepts of this book, namely social innovation and poverty, and situate these concepts in contemporary debates on the governance of welfare provision. We define social innovation as actions that satisfy social needs through the transformation of social relations, which crucially implies an increase of the capabilities and access to resources of people living in poverty. Poverty is not reduced to a lack of monetary income, but refers to a range of processes of social exclusion in various spheres of life that hinders people’s full participation in society. We outline the aim of this book as a sustained attempt to analyse how the social innovation dynamics of localised initiatives are shaped by the welfare regime context with its specific spatial and institutional characteristics. Finally, we discuss the methodological strategy of the comparative case study research on which this book is based.

scholarly journals Measuring the Social Return on Investment of community sport and leisure facilities

2020 ◽  
pp. 1-23
Author(s):  
Larissa E. Davies ◽  
Peter Taylor ◽  
Girish Ramchandani ◽  
Elizabeth Christy
Keyword(s):  
Return On Investment ◽  
Community Sport ◽  
Social Return On Investment ◽  
The Social ◽  
Leisure Facilities
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