MEASURING THE EFFICIENCY OF SOCIAL ENTREPRENEURSHIP

The problems of measuring the efficiency of social entrepreneurship have been affected. The aim of the study is to identify the most relevant methods for measuring social value and evaluating the effects that arise as a result of the activities of social organizations. Various interpretations of the...

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Main Authors: A. N. Timokhovich, O. I. Nikuradze
Format: Article
Language:English
Published: Publishing House of the State University of Management 2020-09-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/2330
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author A. N. Timokhovich
O. I. Nikuradze
author_facet A. N. Timokhovich
O. I. Nikuradze
author_sort A. N. Timokhovich
collection DOAJ
description The problems of measuring the efficiency of social entrepreneurship have been affected. The aim of the study is to identify the most relevant methods for measuring social value and evaluating the effects that arise as a result of the activities of social organizations. Various interpretations of the definition of the term “social entrepreneurship” have been given in the article. The main elements of the process of social entrepreneurship, features of the goal setting and risks of activities in the study area have been emphasized. The stages of planning activities in the field of social entrepreneurship have been described. The most common problems of measurements and evaluation of social effects that social entrepreneurs have to deal with in the process of carrying out activities related to the implementation of social projects: difficulty in achieving a quantitative evaluation, difficulty in predicting the long-term effect of activities, limitations on costs, time resources, indicators of accuracy and interpretation of results have been revealed. Problems in forecasting the effectiveness of social projects have been identified. The main methods that can be used by social entrepreneurs and organizations for measuring the social value and assessing impact of ongoing activities (method of cost-benefit analysis, method of social accounting, method of social return on investment, method of analysis of the main resources of efficiency) have been analysed. Recommendations for social entrepreneurs have been formulated.
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institution Kabale University
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publisher Publishing House of the State University of Management
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series Вестник университета
spelling doaj-art-78f241ef41804f9c81dbd430d4ce974b2025-02-04T08:28:05ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152020-09-010719319810.26425/1816-4277-2020-7-193-1981793MEASURING THE EFFICIENCY OF SOCIAL ENTREPRENEURSHIPA. N. Timokhovich0O. I. Nikuradze1State University of ManagementYouth organization “Diapazon”The problems of measuring the efficiency of social entrepreneurship have been affected. The aim of the study is to identify the most relevant methods for measuring social value and evaluating the effects that arise as a result of the activities of social organizations. Various interpretations of the definition of the term “social entrepreneurship” have been given in the article. The main elements of the process of social entrepreneurship, features of the goal setting and risks of activities in the study area have been emphasized. The stages of planning activities in the field of social entrepreneurship have been described. The most common problems of measurements and evaluation of social effects that social entrepreneurs have to deal with in the process of carrying out activities related to the implementation of social projects: difficulty in achieving a quantitative evaluation, difficulty in predicting the long-term effect of activities, limitations on costs, time resources, indicators of accuracy and interpretation of results have been revealed. Problems in forecasting the effectiveness of social projects have been identified. The main methods that can be used by social entrepreneurs and organizations for measuring the social value and assessing impact of ongoing activities (method of cost-benefit analysis, method of social accounting, method of social return on investment, method of analysis of the main resources of efficiency) have been analysed. Recommendations for social entrepreneurs have been formulated.https://vestnik.guu.ru/jour/article/view/2330efficiencyefficiency assessmentevaluation methodforecastinginvestmentnon-profit organizationssocial effectsocial entrepreneurshipsocial organizationsocial projectsocial value
spellingShingle A. N. Timokhovich
O. I. Nikuradze
MEASURING THE EFFICIENCY OF SOCIAL ENTREPRENEURSHIP
Вестник университета
efficiency
efficiency assessment
evaluation method
forecasting
investment
non-profit organizations
social effect
social entrepreneurship
social organization
social project
social value
title MEASURING THE EFFICIENCY OF SOCIAL ENTREPRENEURSHIP
title_full MEASURING THE EFFICIENCY OF SOCIAL ENTREPRENEURSHIP
title_fullStr MEASURING THE EFFICIENCY OF SOCIAL ENTREPRENEURSHIP
title_full_unstemmed MEASURING THE EFFICIENCY OF SOCIAL ENTREPRENEURSHIP
title_short MEASURING THE EFFICIENCY OF SOCIAL ENTREPRENEURSHIP
title_sort measuring the efficiency of social entrepreneurship
topic efficiency
efficiency assessment
evaluation method
forecasting
investment
non-profit organizations
social effect
social entrepreneurship
social organization
social project
social value
url https://vestnik.guu.ru/jour/article/view/2330
work_keys_str_mv AT antimokhovich measuringtheefficiencyofsocialentrepreneurship
AT oinikuradze measuringtheefficiencyofsocialentrepreneurship