Impact Measurement of Social Impact Bonds: How to Promote Social Innovation and Transparency

Autor: Baba, Hideaki, Yoshioka, Takayuki
Jazyk: angličtina
Rok vydání: 2019
Předmět:
Zdroj: Kansai University review of business and commerce. 18:1-12
ISSN: 1344-8455
Popis: イギリスにおけるソーシャル・インパクト・ボンドの事例を調査し、その際のインパクト評価で用いられている業績指標を明らかにするとともに、評価の透明性を高めるために必要となる仕組みを考察した。
Evidence-based policies have been introduced in several countries to improve public service innovation and reduce government spending. Impact measurement has also been attracting attention as a tool to evaluate outcomes under evidence-based policies. Unlike conventional numerical evaluation, impact measurement focuses on the economic or social impact produced by a program, and the impact must be verified by evidence. Social Impact Bond (SIB) is well-known for its unique funding scheme, and its main structure is an outcome-based payment using impact measurement. We conducted interviews with multiple SIB stakeholders in the United Kingdom, and found that performance is measured not only as impact, but also as outcome and output. It is important to conduct program or policy evaluation more comprehensively in order to measure the impact accurately.
This research was supported by Kansai University's Overseas Research Program for the year of 2017, JSPS KAKENHI (16K04021), and MEXT-Supported Program for the Strategic Research Foundation at Private Universities.
Databáze: OpenAIRE