Social return on investment—Development and convergence |
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| Institution: | 1. Grand Valley State University, United States;2. Wings of Hope Hospice in Allegan, MI, United States;1. “Federico II” University of Naples, Naples, Italy;2. “Federico II” University of Naples, Naples, Italy;3. University oh Salerno, Salerno, Italy;4. “University Magna Graecia” of Catanzaro, Italy;1. Social Policy Department, Democritus University of Thrace, Komotini, Greece;2. ETAL S.A. Local Action Group, Local Action Group, Lesvos, Greece;1. Pharmaceutical Outcomes Research and Policy Program, University of Washington, Seattle, WA, USA;2. RTI Health Solutions, Research Triangle Park, NC, USA;3. Health Economic Evaluation and Technology Assessment, Institute for Clinical Effectiveness and Health Policy, Buenos Aires, Argentina;4. Evidera, Lexington, MA, USA;5. Health Economics, Canadian Agency for Drugs and Technologies in Health, Ottawa, ON, Canada;6. PASLU, National Institute for Health and Care Excellence, Manchester, UK;7. Centre for Pharmacoeconomics, Warsaw, Poland;8. The Jan Kochanowski University, Kielce, Poland;9. Formulary Resources, LLC, Mercer Island, WA, USA;10. Stryker, Madrid, Spain;11. Center for Drug Evaluation, Taipei, Taiwan;1. Institute for Innovation and Governance Studies, Departments of Public Administration, and Health Technology and Services Research, University of Twente, Enschede, The Netherlands;2. Institute for Innovation and Governance Studies, Department of Health Technology and Services Research, University of Twente, P.O. Box 217, 7500 AE Enschede, The Netherlands;3. TNO, Department of Life Style, P.O. Box 3305, 2301 DA Leiden, The Netherlands;4. Municipal Health Service GGD Twente, Department of Preventive Child Health Care, P.O. Box 1400, 7500 BK, Enschede, The Netherlands;5. Institute for Innovation and Governance Studies, Department of Public Administration, University of Twente, P.O. Box 217, 7500 AE Enschede, The Netherlands |
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| Abstract: | Social return on investment (SROI) is a relatively new approach to assessing the value created by human activity. This paper explores the development of SROI since its creation in 1996 and concludes by outlining areas for future development. SROI is compared with mainstream global approaches to generating standardized information that informs resource allocation decisions, financial accounting in general, sustainability accounting in the private sector and cost benefit analysis in the public sector. |
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