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How to bell the cat named Social Impact Measurements: Challenges and Limitations in setting up Social Impact Measurement
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.).
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.).
2018 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

Social Entrepreneurship and Social Enterprises are an emerging trend. An increasing number of individuals are finding ways to address a social issue through their entrepreneurial skills. As well as increasing number of corporations and investing organizations are looking for ventures that address a social issue to fulfil their social responsibility. Thus, it is increasingly becoming important for the social entrepreneurs to measure and report their impacts to society in an accurate way. This research seeks to find out the challenges faced by social entrepreneurs while setting up social impact measurements in their ventures and the solutions adopted by them. Through a series of semi‐structured interviews with successful social entrepreneurs, this research collects qualitative data that increases the knowledge in this area and contributes in a better understanding of the challenges faced by social entrepreneurs. This research found that Theory Of Change is the most commonly used method and is preferred by practitioners as it is easy to implement. The research summarises the efforts it takes to implement the measurements, recommends best practices or advice to make impact measurement easier and useful. Also, a framework is developed that can be used in setting up measurements in a social venture.

Place, publisher, year, edition, pages
2018. , p. 116
Series
TRITA-ITM-EX 2018 ; 357
Keywords [en]
Social entrepreneurship, Social Impact Measurement, Impact assessment, Theory of change, Ashoka, Social Enterprise, Social Business, Social Impact, Impact Value Chain, SIM, Handbook
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:kth:diva-246047OAI: oai:DiVA.org:kth-246047DiVA, id: diva2:1295467
Supervisors
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Available from: 2019-03-11 Created: 2019-03-11 Last updated: 2019-03-11Bibliographically approved

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