Social impact bonds: From social innovation to responsible finance innovation
Journal Title: Trilogía Ciencia Tecnología Sociedad - Year 2015, Vol 7, Issue 13
Abstract
Social innovations are becoming an increasing drain on national public budgets and require new innovative policies. A financial instrument called Social Impact Bonds could be useful to overcome this barrier. Being bond a financial instrument, the debates on responsibility and irresponsibility in the service industry of this type are particularly relevant. In this article, the first part refers to social innovations and this concept is defined from the eyes of several authors. Following, we describe the steps necessary to achieve an innovation of this kind, a of society. In a second part, considering that one of the main obstacles to implementing a social innovation is financing, social impact bonds and payment for the associated results are described. In the third part of the article, being Social Impact Bonds a financial instrument, we will discuss about the responsibility of financial innovations. The paper ends with conclusions.
Authors and Affiliations
Pablo Matías Herrera
Keywords
Related Articles
- EP ID EP223255
- DOI 10.22430/21457778.426
- Views 130
- Downloads 0
Strategies for the Implementation of a Digital Writing Center in Secondary Education
This article aims to reflect on the strategies for implementing a digital writing center in secondary education, taking into account that this is not a space for correction, but for training better writers. A case study...
Social impact bonds: From social innovation to responsible finance innovation
Social innovations are becoming an increasing drain on national public budgets and require new innovative policies. A financial instrument called Social Impact Bonds could be useful to overcome this barrier. Being bond a...
Developing a web and mobile system for crop management
This article presents the results of an applied research project in the field of ICT for managing crops with an irrigation system. The process was carried out with several producers in settlements and villages in the Mun...
Cultural practices among young cuban university students
the research addresses a phenomenon inherent to the world of cultural consumption among university students in the current sociocultural context. The aim is to identify preferred cultural consumption practices of young...
Interactive museographic narratives
This reflection article is a product of the study titled “La narrativa museográfica basada en el guión curatorial” (INV-ING-2368) funded by the Research Vice-Chancellor’s Office at Universidad Militar Nueva Granada (UMNG...