Social Impact Measurement: Current Approaches and Future Directions for Social Entrepreneurship Research

H Rawhouser, M Cummings, S Newbert. “Social impact measurement: Current approaches and future directions for social entrepreneurship research”. Entrepreneurship Theory and Practice, DOI: 10.1177/1042258717727718, Forthcoming

32 Pages Posted: 11 Oct 2017

See all articles by Hans Rawhouser

Hans Rawhouser

Lee Business School - University of Nevada Las Vegas

Michael Cummings

University of Arkansas - Sam M. Walton College of Business

Scott L. Newbert

Zicklin School of Business, Baruch College - The City University of New York

Date Written: April 10, 2017

Abstract

Despite the importance of social impact to social entrepreneurship research, standards for measuring an organization’s social impact are underdeveloped on both theoretical and empirical grounds. We identify a sample of 71 relevant papers from leading (FT50) business journals that examine, conceptually or empirically, the measurement of social impact. We first describe the breadth of definitions, data sources, and operationalizations of social impact. Based on this analysis, we generate a typology of four approaches to conceptualizing social impact, which we use to organize insights and recommendations regarding improved measurement of the social impact of entrepreneurial ventures.

Keywords: Social Entrepreneurship, Social Impact, Social Value, Social Performance, Performance Measurement

JEL Classification: M14, M19, M10

Suggested Citation

Rawhouser, Hans and Cummings, Michael E. and Newbert, Scott L., Social Impact Measurement: Current Approaches and Future Directions for Social Entrepreneurship Research (April 10, 2017). H Rawhouser, M Cummings, S Newbert. “Social impact measurement: Current approaches and future directions for social entrepreneurship research”. Entrepreneurship Theory and Practice, DOI: 10.1177/1042258717727718, Forthcoming. Available at SSRN: https://ssrn.com/abstract=3050737

Hans Rawhouser (Contact Author)

Lee Business School - University of Nevada Las Vegas ( email )

4505 S. Maryland Parkway
Las Vegas, NV 89154
United States
702-895-1768 (Phone)
702-895-4370 (Fax)

HOME PAGE: http://www.unlv.edu/people/hans-rawhouser

Michael E. Cummings

University of Arkansas - Sam M. Walton College of Business ( email )

Fayetteville, AR 72701
United States

Scott L. Newbert

Zicklin School of Business, Baruch College - The City University of New York ( email )

NY
United States

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